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