The IRS does not limit the amount of HSA accounts an individual can have, but account holders should be mindful of not exceeding the contribution maximum between all of their accounts. If the account holder has an HSA with another provider and wants to begin using Lively or consolidate multiple accounts, they can choose to complete a rollover or trustee-to-trustee transfer.1
Learn more about how to complete a trustee-to-trustee transfer.
1. “About Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans.” Internal Revenue Service, May 1, 2020. https://www.irs.gov/forms-pubs/about-publication-969.
Updated: