Yes. You may open more than one HSA, but the combined contributions across all accounts cannot exceed the IRS annual maximum for your coverage type (self-only or family).
Please note that tax reporting is handled separately by each HSA provider. Lively’s IRS Form 1099-SA will reflect only the distributions from your Lively HSA. If you hold HSAs with other financial institutions, you will also receive 1099-SA forms from those providers. Be sure to review all forms when preparing your taxes or consult with a qualified tax professional to ensure accurate reporting.
For more information about your HSA and taxes, check out Lively’s HSA Tax Guide.
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