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.

Must the trustee or custodian allow account beneficiaries to return mistaken distributions to the HSA?

April 26, 2017account beneficiaries custodian distributions HSA mistaken Return Trustee

0

Posted

Must the trustee or custodian allow account beneficiaries to return mistaken distributions to the HSA?

1 Answer

0

Posted

A-76. No, this is optional. If the HSA trust or custodial agreement allows the return of mistaken distributions as described in Q&A 37, the trustee or custodian may rely on the account beneficiary’s representation that the distribution was, in fact, a mistake.