As you may know, Charles Schwab’s acquisition of TD Ameritrade was completed in October 2020. (See TD Ameritrade press release.)
Since then, Lively has been working closely with Charles Schwab to provide a smooth transition for our HSA account holders. If you are currently investing your Lively HSA through TD Ameritrade’s Self-Directed Brokerage Account, here’s what to know now:
- By fall of 2023, Lively will convert your TD Ameritrade Self-Directed Brokerage Account to a Schwab Health Savings Brokerage Account (HSBA). We will reach out well in advance with more details around timing and instructions.
- Until then, no action is needed on your part. You can continue investing with your TD Ameritrade account exactly as you have been up until the conversion.
- In the meantime, you may see more information about Schwab HSBA from Lively. This only applies to new investors interested in a self-directed brokerage account.
We’ll continue keeping you informed with all pertinent details throughout this process. If you have immediate questions, you can always reach out to Lively Support at firstname.lastname@example.org.Updated: