Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can an employer’s contributions to an employee’s HSA be deposited directly into mutual funds?

0
Posted

Can an employer’s contributions to an employee’s HSA be deposited directly into mutual funds?

0

A. No. Only the employee’s (account holder) FDIC-insured deposit account at OptumHealth Bank can accept new HSA-eligible deposits. The employee is the only party allowed to initiate mutual fund transactions.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123