ACTION

DETAILS

Make HSA elections

 October 16, 2025–October 31, 2025 

Make your 2026 HSA elections during Annual Enrollment. Please visit OhioHealth – Healthy Rewards for more information about Annual Enrollment.

Open a Fidelity HSA & consent to the group transfer

October 16, 2025–October 31, 2025

Elect to contribute to the HSA and agree to the Terms & Conditions to open your Fidelity HSA^®. If you would like to participate in a group transfer to have your HealthEquity HSA moved to Fidelity, you'll need to provide eConsent within the Annual Enrollment process. Visit Workday and complete your Annual Enrollment Benefit Event. Note that you must elect to enroll in the HDHP + HSA medical plan and the separate HSA account to be eligible to contriute to the HSA.

If you do not want to participate in the group transfer, you must complete the HSA Transfer Opt-Out Form by December 31, 2025 to opt out of the transfer.

Visit OhioHealth – Healthy Rewards. Note that you must elect to enroll in an HSA-Eligible Health Plan to be eligible to contribute to the HSA.

Important: Your elections from 2025 will not carry over. You must open a Fidelity HSA during Annual Enrollment in order to contribute and receive the OhioHealth company match. 

If you want to take advantage of the group transfer election window to transfer your HealthEquity HSA balance to Fidelity with no fees, you will need to provide consent for OhioHealth to move your HSA balance to Fidelity (your HSA balance will remain at HealthEquity until it transfers).

• If you elect to participate in the group transfer, you will not be subject to transfer, account closure or monthly administrative fees with HealthEquity.
• If you do not consent to the group transfer during Annual Enrollment, you can still elect to transfer your HealthEquity HSA balance to a Fidelity HSA. You can begin the individual transfer process beginning in April 2026 by filling out an online transfer of assets form at Fidelity. Please note: HealthEquity will charge a $25 fee for an individual transfer and the process can take six to eight weeks to complete.

Moving funds between HSAs is not typically considered a taxable event and will not be reported to the IRS, though you are encouraged to review the applicable rules for your state and consult with a financial advisor.

Activate your Fidelity HSA

Beginning mid-November

You will receive communications from Fidelity once your HSA has been opened. Log in to NetBenefits^® at netbenefits.com and activate your Fidelity HSA. This will help ensure that you have access to all features of your Fidelity HSA.

Note: If you have an existing Fidelity HSA, this step is not required. Your existing Fidelity HSA will be linked to the OhioHealth HSA, and you may continue to use your current debit card.

Choose investments for your HSA

Beginning mid-November

After you activate your Fidelity HSA, you can set up automatic investing to invest some or all of your future payroll contributions.

If you elect to participate in the group transfer and set up automatic investing before the transfer, your HealthEquity HSA balance will be invested based on your investment elections on file with your Fidelity HSA.

You can make or change investment elections virtually any time by logging in to netbenefits.com. From the “Health Savings Account” section on the home page select the “Investing” tab and then select “Set up automatic investing.”

Designate your beneficiaries

Name beneficiaries for your Fidelity HSA.

Any beneficiary designations you made in your HealthEquity HSA will not transfer to your Fidelity HSA. After your Fidelity HSA is activated, visit netbenefits.com. From the “Health Savings Account” section on the home page, select “Summary” then select “Update Beneficiaries.”

Liquidate investments and turn off automatic investing

No later than Monday, March 2, 2026

If you select the group transfer, you must liquidate any HSA investments and turn off all automatic investing (directing new contributions to specific investment options rather than the default fund) at HealthEquity by calling 866-346-5800.

If you have ongoing contributions set up outside of payroll, you will also need to turn those off.

Important: If you do not liquidate your investments and turn off automatic investing, your balance will not transfer to Fidelity. Instructions on how to liquidate your investments and turn off automatic investing are provided here.