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  • Umb Health Savings Account Closure Fees

Get Umb Health Savings Account Closure Fees

Ove, I hereby request that the custodian take the following action: Account Closure Request I am requesting UMB Bank to close my HSA and, by signing below, I certify that this distribution is (select one): made on account of my permanent disability. Funds remaining in my account will be returned to me. a transfer to another HSA custodian/trustee. (You must attach a transfer form from your new custodian/trustee.) a transfer to my former spouse pursuant to a divorce decree (a copy of the divorce d.

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HSA Closure Fee $25.00 To avoid this fee, keep your account open with HSA Bank and continue to use your HSA funds for eligible expenses.

You may withdraw any portion or all of the funds from one HSA or Archer MSA and roll them into an HSA with another custodian or trustee. However, you are required to roll the funds into a new HSA within 60 calendar days of your receipt of the funds.

Monthly administration fees of $2.95 for each month are deducted from the HSA each month to UMB ($35.40 annually).

How to close a health savings account Once you receive your remaining balance, you have 60 days to contribute your funds into another HSA in your name or use them for qualified medical expenses. ... You should stop any scheduled payroll contributions through your employer before requesting the closure.

When your balance reaches the minimum balance set by your HSA Administrator (typically $1,000), you have the option to invest your HSA funds into the UMB HSA Saver investment portfolio.

If you are wanting to close your UMB HSA and transfer the dollars to another custodian, you do NOT need to complete this form. Instead, you will need to complete the trustee transfer form required by your new HSA custodian.

When your balance reaches the minimum balance set by your HSA Administrator (typically $1,000), you have the option to invest your HSA funds into the UMB HSA Saver investment portfolio.

Fees Monthly Maintenance Fee$2.50*Account Opening Fee$0.00Account Closing Fee$15.00

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232