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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: freedom8991 on July 07, 2019, 11:38:52 AM

Title: HSA Investment
Post by: freedom8991 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.
Title: Re: HSA Investment
Post by: terran on July 07, 2019, 12:27:07 PM
Fidelity without a doubt. Lively a close second.
Title: Re: HSA Investment
Post by: frugaldrummer on July 07, 2019, 01:35:02 PM
I opened my account with HSA bank for the low fees
Title: Re: HSA Investment
Post by: Radagast 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.
Title: Re: HSA Investment
Post by: tawyer 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.
Title: Re: HSA Investment
Post by: freedom8991 on July 07, 2019, 06:39:19 PM
Thank you for the feedback!