Lively

Lively does not publish a downloadable excess-removal form publicly. Whether Lively computes NIA for the holder, or asks the holder to provide it, is not documented publicly. Contact [email protected] or 1-888-576-4837 to confirm before relying on either workflow. Last verified 2026-05-04.

Known quirks

1. 1No publicly downloadable excess-removal form. Public guidance defers operational details to 'your HSA provider' (even though Lively IS the provider) and routes the actual request through support.
2. 2Whether Lively support computes NIA for the holder or requires the holder to compute it is not publicly documented.
3. 3HSA custody held at Lively's bank partner; investments via Schwab/Devenir.
4. 4Investment sleeve liquidation is handled when the request is processed; cash sleeve is preferred for prompt removal.
5. 5HSA NIA is taxable in the year RECEIVED (per §223(f)(3)) — report on Form 8889 Line 14b and Schedule 1 Other Income for the year of distribution.

Submission method

Email [email protected] or call 1-888-576-4837 to initiate the excess-removal request. No self-service portal action documented publicly.

Process at Lively

1. Confirm the contribution is in fact excess (limit lookup, MAGI check).
2. Compute NIA — verify with custodian whether they will compute.
3. Submit the Not publicly documented.
4. Allow processing time per the custodian's stated SLA (typically 3–10 business days).
5. Receive Form 1099-R (IRA) or 1099-SA (HSA) the following January with the applicable distribution code (8 / P for IRA current vs prior-year correction).
6. Report the earnings (NIA) as taxable income — in the year of distribution per IRC §223(f)(3).

Also relevant

• All custodian guides — index of every custodian we've verified.
• Run the NIA calculator — produce the earnings figure to bring to Lively's form.
• Removal decision tree — confirm the corrective path before initiating.
• When to file — Apr 15 / Oct 15 windows that gate timely removal vs. the §4973 6% excise.
• What counts as excess — including the HSA monthly-eligibility nuance and IRC §223(f)(3) tax-year treatment.