Can an HSA account holder title his or her account in the name of a trust?

The IRS only accepts an HSA as an individual account. Therefore, an individual cannot title an HSA account in a trust that involves joint ownership. However, the accountholder may change the designation of beneficiary as the name of the trust. The accountholder must complete and sign a Beneficiary Designation Form.

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

Easily track and manage your healthcare receipts using ReceiptVault.

HSA FAQ Resource

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