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#1677136 - 03/13/12 09:23 PM Health Savings Account Beneficiary
KerryVBC Offline
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KerryVBC
Joined: Oct 2007
Posts: 151
Colorado
Is an account holder required to name a beneficiary on a Health Savings account? What happens if they don't name one?
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#1677176 - 03/13/12 11:49 PM Re: Health Savings Account Beneficiary KerryVBC
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,220
Galveston, TX
There is no requirement to name a beneficiary. At the time of death, the value market value of the HSA would become income and have to be included in the individual's final income tax filing.
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