PDF
…will pay a
20% penalty for non-qualifying withdrawals.
11.When I die, do I lose my HSA money? No. You can name a beneficiary to receive your HSA money.
12.How much does it cost to set up an HSA? This depends on the bank or credit union you choose.
Most usually have a one-time set up fee, monthly fee, debit card fees, printed check fees, and
overdraft fees.…
https://www.wichita.edu/services/humanresources/Organizational_Development/New_Employee_Resources/NEO_Online/ICAA/ICAA_Summary-of_Employee-Benefit-Plans.pdf