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Could a person decide to have his/her HSA custodial account administered by someone other than Assurant Health?

April 26, 2017account administered assurant custodial decide Health HSA person

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Could a person decide to have his/her HSA custodial account administered by someone other than Assurant Health?

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Yes, a client can have a qualified medical plan and decide to have his/her HSA account with another administrator, such as MSAver. You can designate this on the agent software by selecting the One Deductible plan type and selecting Yes in the new HSA field and then MSAver or Other in the HSA type field.