Triple-tax advantage
Make pre-tax contributions, grow your earnings tax-free, and take tax-free distributions for qualified medical expenses.
HSA overview
HSA investment information
An HSA is one of the most tax-advantaged ways to invest for future healthcare costs. HealthEquity offers members access to competitive investment options at the best possible price.
Why invest your HSA
Funds never expire
Unlike an FSA, you own your HSA. Your entire balance rolls over every year — even if you change health plans, retire, or leave your employer.
A retirement engine
Invest for the long term with a powerful lineup of low-cost mutual funds. After age 65 you can use your HSA for any expense, paying only ordinary income tax.
HSA investment options
HealthEquity provides access to a complete investment spectrum with options to suit every member regardless of age, HSA balance or investment experience.
Cash account
HealthEquity’s standard, low-interest cash account eligible for federal insurance. This is the default option when opening an HSA.
Low-risk Yield Plus
Increase your earning potential with minimal risk. Interest rates vary based on your HSA balance but are higher than the rates on accounts eligible for federal insurance.
Varying-risk mutual funds
Access a carefully selected lineup of high-quality, low-cost mutual funds with no hidden fees for trading and investing. Manage your portfolio personally or enroll in Advisor™ for personalized, web-based investment advice.
Advisor™
Automated, web-based advice on the allocation and diversification of mutual funds based on your individual risk profile, powered by HealthEquity Advisors, LLC. Advisor can automatically implement suggested portfolios for you.
How to start investing
- 1
Open and fund your HealthEquity HSA.
- 2
Log in to your account and review the available investment options.
- 3
Choose to manage your portfolio yourself or enroll in Advisor™ for guided recommendations.
- 4
Monitor and adjust your investments as your goals change.
Ready to learn more?
Explore your HSA investing options in more detail or estimate how much your savings could grow.
Investments are subject to risk, including the possible loss of the principal invested, and are not FDIC or NCUA insured, or guaranteed by HealthEquity, Inc. HealthEquity, Inc. does not provide investment advice. HealthEquity Advisors, LLC™, a wholly owned subsidiary of HealthEquity, Inc. and an SEC-registered investment adviser, provides web-based investment advice to HSA holders that subscribe for its services.