Answer:
Dormancy rules are governed by the state where the account owner resides. Please refer to your state's dormancy rules for this information.
Dormant Status for Health Savings Accounts
Question:
Can a Health Savings Account be put into dormant status? Can the account then be closed? If we do close the account after the statute of time, if there are any monies available how are those funds to be distributed and to whom?
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