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Are there minimum balance requirements and service fees applicable to the HSA?

April 26, 2017applicable Balance fees HSA minimum requirements service

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Are there minimum balance requirements and service fees applicable to the HSA?

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The minimum amount required to open an HSA is $100. There are no minimum balance fees. However, there is a $25 fee which is debited from the account on the first year anniversary of the account activation date and annually thereafter.