Hsa Brokerage Account
Lively offers immediate access to tda since they offer first dollar investing.
Hsa brokerage account. At fidelity that fee may be up to 48 year but it could be reduced or waived depending on the hsa balance. You must maintain a minimum of 1 000 in your further base hsa and once you reach a minimum of 11 000 you can move 10 000 into the investment account. Hsa says not everyone. Saturna self directed investment account with 14 95 stock trades no fee no load funds.
In most cases i m a huge fan of hsas. In addition to the investment choices typically offered by a health savings account an hsba lets you invest in a wide range of investment options to include stocks bonds mutual funds and exchange traded funds etfs. The account comes with a debit card. Because they can save you money on health insurance if they work for you and your family.
Open a self directed hsa investment account with td ameritrade. 800 357 6246 monday through friday 7 a m. A monthly investment fee may apply please refer to your health savings account fee and interest schedule. Schwab hsba is a self directed brokerage account that resides within your health savings account hsa.
Choice of 31 funds. To 9 p m ct. Interest on the basic account ranges between 0 20 and 1 25 apy depending on the specific account level and balance you have. With only 5 of health savings account holders investing their funds most people are not taking advantage of hsa investment benefits.
Employers may choose to pass that fee on to their employees. Log into your account to enroll. Hsa expert roy ramthun of ask mr. Lively and hsa bank both offer a td ameritrade tda self directed brokerage account which gives investors access to stocks bonds and mutual funds.
Mailing address po box 939 sheboygan wi 53082 0939. Investment account inactivity fee of 25 yr if no trades 12 50 for accounts w only mutual funds no. Zero account minimums and zero account fees apply to fidelity brokerage accounts only. But once you reach a certain balance you can change your hsa into an investment account which functions a lot like an ira.
Your hsa usually starts as a cash account which earns interest like a savings account. 2 50 month free if hsa cash account 3 000 25 account closing fee and no monthly investment fee. On the other hand hsa bank has instituted a 1 000 investment threshold which forces investors to hold said dollar amount in the hsa account at all times.