Can I Take money from my 401k account and put in my health savings account. When I take it from my 401k will it be taxable.
401k to Health Savings Account
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No, but if your 401(k) plan allows rollovers, you can roll the funds into an IRA and THEN into an HSA. But only once in a lifetime if I recall correctly. -
You cannot roll over from an 401, only another HSA, MSA, and IRA. You must take the money out from the plan, and then put it into your HSA to be considered a rollover, and you can do this once a year. If you do a trustee to trustee transfer that is not considered a rollover, and no limit to transfers. see pub 969Comment
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