In an effort to keep the economy stable during the historic response to the Novel Coronavirus (COVID-19), the Federal Reserve has cut its benchmark interest rates to near zero. The Fed’s rate change affects everything from loans to CDs to Lively HSAs.
As a result, Lively has updated the annual percentage yield (APY) paid on cash balances in its HSA, effective March 6, 2020, to 0.01%.
What are the interest rates for a Lively HSA?
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