I'm currently enrolled in a HDHP, but my company does not offer a corresponding HSA, so I'm looking to open an HSA account with another institution. I've done a bit of research already, but I'd like to call on the collective experience here to have a look at my options.
The best I've found so far is offered by HealthEquity (
http://healthequity.com/indexinvestor/):
- Vanguard funds with low expense ratios, mostly institutional and admiral shares
- $36/yr administrative fee (waived for first year if >$1000 deposited within 90 days of account opening)
- 0.24%/yr investment fee
- $50 investment threshold
Most of the other accounts I'm finding have higher admin fees, higher investment fees, or both. Am I missing anything? Are there other better options out there?