What happens to an individual's HSA if they become disabled?
If an individual becomes disabled and enrolls in Medicare, contributions to an HSA must stop as of the first of the month in which the individual enrolled. However, an individual can use HSA funds to pay Medicare Part A, B, C or D premiums. Payment of these Medicare premiums is considered to be a qualified medical expense.
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.
HSA FAQ Resource
Find answers to your most common HSA questions in our comprehensive HSA FAQs section.