Author Topic: HSA Investment  (Read 1310 times)

freedom8991

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HSA Investment
« on: July 07, 2019, 11:38:52 AM »
I am self employed and recently became the proud owner of a High Deductible Health Plan...I am going to take advantage of this by setting up an HSA.  I am able to invest $8000 into it based upon my age and that I have a family plan.  Are there any suggestions from the MMM Followers as to the best place to open a Health Savings Account?  Where do you suggest I  open this account?  My hope is that I will use it simply as an investment vehicle rather than having to pull money from it to pay for medical expenses.

terran

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Re: HSA Investment
« Reply #1 on: July 07, 2019, 12:27:07 PM »
Fidelity without a doubt. Lively a close second.

frugaldrummer

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Re: HSA Investment
« Reply #2 on: July 07, 2019, 01:35:02 PM »
I opened my account with HSA bank for the low fees

Radagast

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Re: HSA Investment
« Reply #3 on: July 07, 2019, 02:21:42 PM »
Fidelity without a doubt. Lively a close second.
Yup, Fidelity HSA has no fees at all and tons of investing options.

tawyer

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Re: HSA Investment
« Reply #4 on: July 07, 2019, 02:36:08 PM »
Fidelity without a doubt. Lively a close second.
Yup, Fidelity HSA has no fees at all and tons of investing options.
In addition to having no administration fees it has mutual funds with 0% expense ratio that equivalent to things like VTSAX and VTIAX. Transfer of assets to Fidelity from an existing HSA is also straightforward.

freedom8991

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Re: HSA Investment
« Reply #5 on: July 07, 2019, 06:39:19 PM »
Thank you for the feedback!