Naming your beneficiary
Take a minute to ensure your HSA or MSA information is current and that you have a beneficiary selected. A beneficiary can be one or more individuals (i.e., spouse, children, relatives, friends).
Why it matters
If you do not assign a beneficiary, your HSA or MSA funds will default to your legal surviving spouse, if you have one, or to your estate. If your funds are left to your estate, it may face heavier taxation. For those reasons, it’s important to keep your beneficiary information up to date.?
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Investments are not FDIC insured, are not bank issued or guaranteed by 橙子视频app Financial or its subsidiaries, including 橙子视频app Bank, and are subject to risk including fluctuations in value and the possible loss of the principal amount invested.