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Updated over 2 years ago on . Most recent reply presented by

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Haickel Padron
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Hsa investment question

Haickel Padron
Posted

I have an HSA thru my job. If i transfer money from that HSA to my bank account is considered cashing out? What kind of 1099 they will issue? I want to invest it in my own bank with interest but how can I show to the IRS i’m not using the money and it will be invested.

Should I not transferred to my account and invest it in the options my HSA account have? Even tho they are less earning interest investment ? 

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