HSA Question

[rjbf65]

My wife has a HDHP at the school she works at.  She has an HSA account at our local bank. There are no investment options in the bank.  Would she be able to open up an HSA account with Vanguard and simply ACH the money into it each month from the HSA at the bank?  Is there anything wrong with having 2 HSA accounts as long as the total doesn’t go above $3500?  As long as I’m able to treat those as transfers instead of contributions I would think it would be fine.

[bacchi]

A lot of people do that but it depends on the company's policies. Some people ACH every month and some people ACH once per year.

Vanguard doesn't have a retail HSA. Try Fidelity or Lively.

[rjbf65]

I’d be ok with once per year from bank to Fidelity if need be.  Her HSA has $6k in it already. Might as well start putting it to work.