2025 Tax Question - MO
Hey all. A question regarding my taxes for 2025. I have not filed yet.
I have an HSA sponsored by employer that I contribute $25 a paycheck to. My employer contributes $750 twice a year. I am unable to invest the funds in the HSA, and it earns very little interest. Because of this, I opened another HSA where I’m able to invest the funds. I understand that I can’t max out two HSAs and still need to stay within the annual limits for contribution, but is there anything specific I need to do on my taxes to correctly log this information? I did withdraw funds from my employer sponsored HSA and re-deposit them into my new HSA back in August 2025. From what I’ve researched, doing ONE transaction like that a year is allowed. Anything more is against the rules. Can anyone confirm that? Do I need a specific document completed to reflect that?
Posted Mar 6, 2026, 4:07 AM UTC