Estate planning and settlement at Optum Bank
Name beneficiaries online and report a death at 1-866-234-8913
Optum Bank has 7 accounts, each with different rules for what happens when the account holder dies. Of those, 2 can name a trust as beneficiary or be retitled into a trust. The right combination of beneficiary designations and trust ownership can keep the entire portfolio out of probate.
Account holders can update their beneficiary designations at Optum Bank online and by mail.
There are two sides to estate planning at Optum Bank: setting things up while you're alive, and the process survivors follow after a death.
Beneficiaries and trust funding
How to manage beneficiaries online, and review 7 account types at Optum Bank.
Preparing your estate →Death claim process
Report the death to Optum Bank's Optum Financial at 1-866-234-8913. The page lists the steps and the documents to send.
When someone dies →
Sources
Data sourced from Optum Bank primary sources (17 pages reviewed). How we research.
Optum Bank customer support
Customer Support (Optum Bank Health Savings Account)
Phone
UHC HSA
MyCDH HSA
FSA, HRA and Dependent Care FSA
Medicare Advantage MSA
Commuter benefits
Retiree reimbursement account (RRA)
Employer support
Provider and health plan support
COBRA
HealthSafe ID
Hours
Mailing address
Website
Estate planning articles
Learn how to protect your Optum Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Forms for Planning Your Estate
Free forms for planning your estate: a will, living trust, pour-over will, both powers of attorney, living will, and TOD deed.
Last Will and Testament
Name your heirs, guardians, and final wishes. Free for every state.
Transfer on Death Deed
Transfer real property to a beneficiary upon your death without probate. Available in 34 states and the District of Columbia.
Vehicle Transfer on Death
Name a beneficiary to inherit your vehicle at death without probate. Available in 26 states and the District of Columbia.
Tools for Planning Your Estate
Free tools for planning your estate: what a will or trust costs, whether you need a trust or TOD deed, and how documents are signed.
How Do I Sign Estate Documents?
Find witness, notary, and remote signing requirements for all 50 states.
Will My Estate Documents Transfer?
Check if estate planning documents signed in one state are valid in another.
Trust or Will: Which Costs Less?
Compare the cost of probate vs a trust for your state and estate value.
How Much Does a Revocable Living Trust Cost?
Compare revocable living trust costs across providers including online services and attorneys.
How Much Does a Will Cost?
Compare will costs across providers plus probate costs your heirs will pay.
How Does SimplyTrust Compare to LegalZoom, Trust & Will, and Other Services?
Compare what it costs to make a trust official across SimplyTrust, LegalZoom, Trust & Will, Rocket Lawyer, and Quicken WillMaker.
