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Are rollover contributions to my HSA permitted?
Rollover contributions from MSAs and other HSAs into an HSA are permitted. Rollover contributions to your HSA need not be in cash and
are not subject to the annual contribution limits. In taxable years beginning after 2006, a one-time rollover by direct transfer from
a traditional IRA or a Roth IRA to an HSA is generally permitted subject to the maximum contribution limits.
A qualified distribution from an HRA or an FSA may generally be rolled over, by direct transfer, to an HSA.
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Can I roll the money in an HSA over into an IRA?
You cannot roll the HSA funds over into an IRA. They will stay in the HSA or be rolled into another HSA.
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Can I roll over and IRA, 401(K) or other retirement plan into an HSA?
In taxable years beginning after 2006, a one-time rollover by direct transfer from a traditional IRA or a Roth IRA to an HSA is generally
permitted subject to the maximum contribution limits. After December 20, 2006, a qualified distribution from an HRA or an FSA may generally
be rolled over, by direct transfer, to an HSA. You cannot directly roll funds in an IRA, 401(k) or other retirement plan into an HSA. You
can withdraw funds from one of these accounts, pay applicable taxes (and penalties) on the amount you withdraw, and then use the remaining
funds to make a contribution to your HSA. However, the amount you contribute to your HSA is still limited by the annual contribution limits.
