Are assets in an HSA protected from bankruptcy (any type), similar to how assets in a 401(k) or pension plan are protected?

Each state establishes their own regulations for bankruptcy, and unless there is a federal exemption, the assets are subject to the laws governing the state where the accountholder resides and files for bankruptcy protection. There is no federal protection or exemption for HSA assets.

Introducing UMB HSA Saver

UMB HSA Saver is a unique investment platform designed with ease in mind. Account holders can easily research, buy and sell funds with a couple clicks.

How to Use ReceiptVault

HSAs are available to help pay for current qualified medical expenses as well as to save for future expenses, all in a tax-exempt account.

HSA FAQ Resource

Find answers to your most common HSA questions in our comprehensive HSA FAQs section.