The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: freedom8991 on July 07, 2019, 11:38:52 AM
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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.
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Fidelity without a doubt. Lively a close second.
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I opened my account with HSA bank for the low fees
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Fidelity without a doubt. Lively a close second.
Yup, Fidelity HSA has no fees at all and tons of investing options.
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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.
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Thank you for the feedback!