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Can assets held in mutual funds be used to pay for eligible HSA claims?

April 26, 2017assets eligible held hsa claims Mutual funds pay Used

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Can assets held in mutual funds be used to pay for eligible HSA claims?

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A. HSA assets invested in mutual funds cannot be directly accessed to cover medical claims. Account holders who wish to use mutual funds to pay for a claim, must first sell shares of the fund and then transfer the proceeds into their HSA deposit account at OptumHealth Bank.