What are the rules that apply to an HSA pursuant to a divorce decree?
The transfer of an HSA to a spouse pursuant to a divorce decree is not considered a taxable transfer. Since HSAs are individual bank accounts, when a transfer request such as this occurs, the former spouse will be treated as the new accountholder of the HSA. In order to process the transfer to his or her name, UMB must be provided with a certified copy of the divorce decree and property settlement or transfer agreement. The spouse must also sign the appropriate documents to establish the account in their own name.
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HSA FAQ Resource
Find answers to your most common HSA questions in our comprehensive HSA FAQs section.