PaunchyPirate
Thinks s/he gets paid by the post
For 2024, I'm venturing into the world of having an HSA for the first time. I signed up for an HDHP with my insurance provider, Highmark Blue Cross/Blue Shield. My plan is to open my HSA with Fidelity.
I just signed into my online Highmark account this morning to make sure everything looked good with the new year of coverage (which it does), and saw an "Open an HSA" button available to me. I figured I would look at what they had to say about HSA account without actually opening one with them. I was curious who they used as a HSA provider, since I doubt they do it themselves. In the process, after confirming which insurance plan I was referring to, there was a "Go" button. I clicked it thinking it would give me more details on how it all worked. But alas, it simply said something like, "You have opened an HSA account. Check back later after we process it."
Grrrrrr. So it appears they are off setting up an HSA for me somewhere. They presented zero information on who the account will be with, how to fund it, etc. Nothing.
Will this be a problem for me to still open one up at Fidelity? Or will I have to go thru a process to transfer an empty HSA to Fidelity? or worse, do I have to fund the original one and then transfer it to Fidelity? I'm guessing, No, but I have no idea. Can I just leave it sitting empty and go ahead and use Fidelity? On Jan 2nd, I will call them to try and close it, I guess. But figured I'd ask the experts here for thoughts.
Edited to Add: I guess I could have researched a little first. It seems having multiple HSAs is not a problem. I will only fund one of them in 2024. Hopefully, I can also close this one I created by mistake, for simplicity.
I just signed into my online Highmark account this morning to make sure everything looked good with the new year of coverage (which it does), and saw an "Open an HSA" button available to me. I figured I would look at what they had to say about HSA account without actually opening one with them. I was curious who they used as a HSA provider, since I doubt they do it themselves. In the process, after confirming which insurance plan I was referring to, there was a "Go" button. I clicked it thinking it would give me more details on how it all worked. But alas, it simply said something like, "You have opened an HSA account. Check back later after we process it."
Grrrrrr. So it appears they are off setting up an HSA for me somewhere. They presented zero information on who the account will be with, how to fund it, etc. Nothing.
Will this be a problem for me to still open one up at Fidelity? Or will I have to go thru a process to transfer an empty HSA to Fidelity? or worse, do I have to fund the original one and then transfer it to Fidelity? I'm guessing, No, but I have no idea. Can I just leave it sitting empty and go ahead and use Fidelity? On Jan 2nd, I will call them to try and close it, I guess. But figured I'd ask the experts here for thoughts.
Edited to Add: I guess I could have researched a little first. It seems having multiple HSAs is not a problem. I will only fund one of them in 2024. Hopefully, I can also close this one I created by mistake, for simplicity.
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