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Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?

Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of eligible contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am no longer eligible to contribute. Can I still makereceive qualified, tax-free distributions from the HSA?

Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?

Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of eligible contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am no longer eligible to contribute. Can I still make qualified, tax-free distributions from the HSA?

Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?

Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of eligible contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am no longer eligible to contribute. Can I still receive qualified, tax-free distributions from the HSA?

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Chris W. Rea
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What Happenshappens to an HSA when I am no longer eligible to contribute?

Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?

Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of [eligible]eligible contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am notno longer eligible to contribute -. Can I still make qualified, tax-free distributions from the HSA?

What Happens to an HSA when I am no longer eligible to contribute?

Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?

Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of [eligible] contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am not eligible to contribute - Can I still make qualified, tax-free distributions from the HSA?

What happens to an HSA when I am no longer eligible to contribute?

Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?

Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of eligible contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am no longer eligible to contribute. Can I still make qualified, tax-free distributions from the HSA?

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johnny
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What Happens to an HSA when I am no longer eligible to contribute?

Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?

Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of [eligible] contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am not eligible to contribute - Can I still make qualified, tax-free distributions from the HSA?