Question

What happens to my HSA when I die?

Answer

If your spouse is the beneficiary, the HSA transfers tax-free and becomes your spouse’s account. If a nonspouse inherits the HSA, the full account balance is generally treated as taxable income in the year of inheritance. Because of this, HSAs should be coordinated with estate planning for larger balances.

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We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.

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