We've been maxing the HSA since 2014 and have a balance around 18K. Unrealized gains are about 1,000 so far. We invest in VTI through TD.
What are the hoops you guys are jumping through to enroll?
The initial setup in 2014 was pretty easy from what I remember. The high-level steps were something like:
1) Enroll in TD or Devinir. Wait a few days for accounts to be linked.
2) In TD, enroll in commission free ETFs.
3) Transfer money from HSA to TD.
4) Purchase desired securities.
This does not appear to be true. All the Devinir funds accessed via HSABank are either no-load or load waived (again, no-load). This is clearly stated in all of HSABank's materials.
At only $24 per year, no trading fees, no loads, about 20 funds with expense ratios starting at .6, it seems like a solid, simple option. TD will provide much more flexibility, but not everyone needs that at all times.
Any other thoughts on Devinir? I'm about to link up with them.
I think Devinir would be cheaper at first but then after a few years, TD would be cheaper with their expense ratios in Vanguard securities. It certainly depends. For me, TD makes more sense because my current expenses are $66 + (18,000 * 0.0005) = $75. Devinir based on the information above would cost me about $24 + (18,000 * 0.006) is $132.