If you completed the HSA balance transfer process, including all steps required by HealthEquity, prior to the Feb 2, 2025 deadline date, you should have received an email from HSA Bank on, Feb 24, confirming that your balance was deposited. To view your HSA transfer balance, please visit the HSA Bank Member portal to access your account.
If you missed the HSA Bank e-consent deadline or HealthEquity did not transfer your balance, you still have options to move your funds.
Leidos is pleased to present one final opportunity to transfer your HealthEquity HSA to HSA Bank and have the $25 fee reimbursed by Leidos, however, the process will differ from the previous e-consent option. Please note, Leidos will only cover the $25 fee for those employees that are enrolled in a Leidos-sponsored Healthy Focus medical plan AND are enrolled in and contributing to the HSA for the 2025 Plan Year.
Since HSAs are individually owned accounts, the options that you have are as follows:
| Option | Steps | Deadline |
|---|---|---|
| Transfer your HealthEquity HSA balance to HSA Bank | Complete the Direct Transfer Form. Please note that you are responsible for all applicable fees assessed by HealthEquity, including the HSA closure fee, until your transfer is complete. Also, HealthEquity may take 4-6 weeks to process your request. |
If you are currently enrolled in a Healthy Focus medical plan AND are enrolled and contributing to an HSA, Leidos will reimburse the $25 closure fee* for your HealthEquity HSA so long as your HSA transfer is deposited into your HSA Bank account by Friday, Nov 14, 2025. If you are not currently enrolled in a Healthy Focus medical plan or the HSA, you will be responsible for the $25 fee. No exceptions will be made to this deadline. This will be the last opportunity to have the $25 closure fee waived. *The $25 reimbursement will be applied to your paycheck and may take up to 45 days after your HSA balance is deposited. |
| Keep your HSA balance with HealthEquity | No action is required since your HSA account is already with HealthEquity. However, you are responsible for all fees assessed by HealthEquity, including the HSA account closure fee. | N/A |
| Transfer your HealthEquity HSA balance to another custodian or trustee | Please consult with HealthEquity and your external HSA custodian or trustee regarding their process, including any fees for facilitating your transfer. | N/A |