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  • (hsa) Transfer Request Form - Discovery Benefits

Get (hsa) Transfer Request Form - Discovery Benefits

Www.DiscoveryBenefits.comwww.DiscoveryBenefits.com 8664513399Health Savings Account (HSA) Transfer Request FormComplete this form if you are intending to transfer funds to a Discovery Benefits HSA.

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Your HSA transfer and rollover amounts are not included in the current tax-year IRS contribution limits; however, if you made current tax-year contributions to your previous HSA, those contribution amounts will be included in your annual IRS contribution limit and reported to the IRS.

Submit your request—we'll do the rest You request a transfer. You can do this online now . We'll ask for your assets. We contact your other HSA provider on your behalf. They'll process the request. Your provider will then send us your assets, usually within 2–5 weeks. We'll deposit your assets.

Your new HSA provider works with your current HSA provider to transfer the money from your current account(s) to your new account. This is considered a trustee-to-trustee transfer. You never have to touch the money, but because the transfer is made in cash, you must sell any securities before the transfer.

If you want to change your HSA custodian, you can do an “HSA account rollover.” A rollover involves closing your health savings account and moving the unused funds to another account. In a rollover, the custodian of the account will either send you a check for the funds or an ACH transfer.

Complete the Health Savings Account (HSA) Transfer Request Form and send it to your current custodian. Complete and return the transfer form provided by your current custodian. The current custodian will then initiate the direct transfer of your HSA funds to WEX.

These fees can really add up, but they can also often be avoided: Sign up for online statements. Use your debit card instead of ordering checks, or transfer money online to your checking account and use it to pay your provider. Keep track of your HSA balance and don't overdraw your account.

What's the difference between an HSA transfer and a rollover? An HSA transfer occurs when your HSA trustee directly moves your money into your new HSA for you. With an HSA rollover, the trustee sends you the money, and you must deposit it into your new HSA within 60 days.

HSA Bank does not charge any fees for transfer or rollover of your HSA accounts, your existing provider may charge an account closing fee.

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© Copyright 1997-2025
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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