Our goal is to ensure that you have the flexibility to use your HSA funds in the most optimal way for your financial goals. That’s why both of our investment solutions offer the option for first-dollar investing:
- Schwab Health Savings Brokerage Account (Charles Schwab): If you have elected to pay an annual access fee, there are no minimum cash requirements or time limits. If you have elected not to pay an annual access fee, you can invest anything above $3,000 in your cash account with no time limits.
- HSA Guided Portfolio (Devenir): If you are investing with HSA Guided Portfolio, there are no minimum cash requirements.
If you do want to invest all of your funds, please note that:
- Any transaction with your debit card will not go through (it will pull funds from your non-investment cash account).
- Reimbursements will not be processed until there are enough funds in your non-investment cash account to cover such reimbursement.
Be sure to consult with a financial planning and/or tax professional as needed to understand your options.Updated: