u/pete_long

Open an HSA with Fidelity and then do a "60-day rollover". This is the fastest way to move your money and can be done in less than a week.

1. Open a Fidelity Brokerage (if you don't have one) and a separate Fidelity HSA account
2. Note down the ACH information for your Fidelity Brokerage
3. Put the ACH information of your checking account (Fidelity Brokerage) in your HSA account
4. Take a distribution, withdraw the entire HSA, and have it ACH'd to Fidelity Brokerage-takes 2 days tops. You are treating your brokerage account as your checking account. No fee, from your current HSA, as you are reimbursing yourself.
5. Once the money lands in the Fidelity Brokerage, call Fidelity HSA and tell them it is a "60-day rollover". Monies are transferred immediately from your Fidelity Brokerage to your Fidelity HSA.
6. Don't bother closing the old HSA. They will add fees, and once the balance hits a certain negative number, they will automatically close the account and write off the negative balance :)
7. You will get a 1099 from your HSA for the withdrawal - mark it as a rollover on your Tax Return

This is the fastest, painless way to move to Fidelity HSA, and it involves ZERO fees. Per IRS guidelines, you can do this once during a 1-year period. Since you are pushing the money to Fidelity, there is no hold on the Fidelity side. The only person you have to talk to is the Fidelity HSA specialist, as the rollover cannot be done online. It has to be done via a phone call. Everything else can be done online.