Estate planning at HSA Bank
How to protect 2 HSA Bank accounts — manage beneficiaries online, and file death claims
Client Assistance Center
HSA Bank, 909 N 8th Street, Suite 200, Sheboygan, WI 53081-4056
Client Assistance Center
HSA Bank, 909 N 8th Street, Suite 200, Sheboygan, WI 53081-4056
Client Assistance Center (no separate estate/bereavement unit; death distributions are handled here)
HSA Bank, 909 N 8th Street, Suite 200, Sheboygan, WI 53081-4056
HSA Bank is a HSA provider whose health savings accounts pass by beneficiary designation, not by will. Whether the balance keeps its tax advantages depends on who inherits it—a surviving spouse can treat it as their own HSA, while other beneficiaries receive taxable proceeds—so the designation on file matters a great deal.
Beneficiary designations at HSA Bank can be managed online and by mail. Trust funding options vary by account type—check with HSA Bank for specifics.
HSA Bank has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
Preparing your estate
Beneficiaries and trust funding
How to manage beneficiaries online, and review 2 account types at HSA Bank.
View details →When someone dies
Death claim process
8-step process, 6 required documents, and contact information for survivors.
View details →Frequently asked questions
Yes, if you are married. Step 3 of the HSA Designation of Beneficiary Form requires the spouse of a married accountholder to sign a consent paragraph before anyone other than the spouse can be named primary beneficiary, and that signature must be acknowledged before a notary public in the notary block at the bottom of the form. Both signatures also need a witness who is 18 or older and is not the spouse. HSA Bank also cannot process a designation without a valid Social Security number for each beneficiary. Note that a divorce, annulment, or other legal termination of the marriage automatically revokes a spouse beneficiary designation.
Sources
Data sourced from HSA Bank primary sources (13 pages reviewed). How we research.
Client Assistance Center
HSA Bank, 909 N 8th Street, Suite 200, Sheboygan, WI 53081-4056
Client Assistance Center
HSA Bank, 909 N 8th Street, Suite 200, Sheboygan, WI 53081-4056
Client Assistance Center (no separate estate/bereavement unit; death distributions are handled here)
HSA Bank, 909 N 8th Street, Suite 200, Sheboygan, WI 53081-4056
Estate planning articles
Learn how to protect your HSA Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
