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What Happens to the myHSA Account After my Tenure with my Company has ended?
What Happens to the myHSA Account After my Tenure with my Company has ended?
Danielle Constantine avatar
Written by Danielle Constantine
Updated over 7 months ago


Your Health Spending Account (HSA) is a valuable benefit provided by your employer to help you cover eligible medical expenses. However, it's essential to understand what happens to your HSA if your employment with the company providing it ends.
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Since the myHSA is provided by your employer, the length of time in which it is available upon termination is determined by them too, specifically the Plan Administrator. They hold the authority and access on the system to decide the timeline and access to your account and funds post-employment.
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Upon termination on myHSA's platform, an employee will have "X" amount of days to finish submitting claims dated prior to the termination date. The "X" is determined by your employer. myHSA does not impose a policy around this, because ultimately it's up to the company to customize this based on the nature of the departure and internal practices.
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Some employers allow access to the remaining balance for "X" amount of days as a run-off period, while others may remove access immediately. It's important to refer to your company's internal policy or consult with your HR department for clarity on this matter.
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If you submitted claims prior to your termination, and they were approved prior to the access being restricted, they will still pay out to you the following Wednesday or Friday. If they were submitted but not yet approved, they may be cancelled at the time of account deletion. To discuss matters of reimbursements during this time, it's best to reach out to your Plan Administrator as well.

If you need help knowing who your Plan Administrator is, please reach out to support@getmyhsa.com and we can point you in the right direction.

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