The HSA-06 form is an essential document for individuals wishing to close their Health Savings Account (HSA) with Chase. The process requires account holders to ensure all outstanding checks have been cleared before submission. Upon receiving the completed form, Chase initiates the account closure, and it will no longer honor any HSA checks presented afterward. It's crucial for individuals to inform their employers to halt any further contributions to the HSA. Those with an associated HSA Investment Account must contact J.P. Morgan Institutional Investments, Inc. to facilitate the liquidation of investments and closing of the investment account as part of the procedure. Account holders are provided with instructions to direct the disbursement of remaining funds, either by transferring them to a new HSA trustee or by receiving them directly through various payout options. This form not only represents the end of an HSA with Chase but also outlines the necessary steps and options for account holders, ensuring a seamless transition of funds according to their future financial planning needs.
| Question | Answer |
|---|---|
| Form Name | Form Hsa 06 |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | close_account aetna health savings account chase form |