Table of contents

Investing

Just like a traditional savings account, your HSA earns interest. HealthEquity uses a tiered interest rate. Your monthly statement displays the current interest rate paid on your account, and rates are also available when selecting ‘Interest Rates’ from the ‘HSA’ menu under the ‘My Account’ tab. Just like the funds you contribute, interest is not taxed when earned.

How to invest

To confirm your plan’s threshold, visit the HealthEquity member portal or contact member services at 866.346.5800.

  1. Log into the member portal
  2. Select ‘Investments’ from the ‘My Account’ tab
  3. Review fund line-up and agree to terms if you wish to continue
  4. Select which investment level suits your investment goals

Instructions

  • 'Advisor Auto Pilot' provides fund management and investment advice.
  • Click ‘I Agree’ when you have read and accept the terms and conditions.
  • By selecting 'Advisor Auto Pilot', you are directed to the Advisor™ investment tool powered by HealthEquity Advisors, LLC to define your investment and risk-profile settings.

Instructions

  • 'Advisor GPS' provides fund management and investment advice.
  • Click ‘I Agree’ when you have read and accept the terms and conditions.
  • By selecting 'Advisor Auto Pilot', you are directed to the Advisor™ investment tool powered by HealthEquity Advisors, LLC to define your investment and risk-profile settings.

Instructions

  • Invest in selected funds by specifying your reserve amount, selecting the funds by indicating your desired percentage allocation and then click ‘Submit trades.’
  • Optimize your investments by selecting from two options investment features:
    • Automatic investing: Maximize earning potential by electing to automatically invest any balance above the pre-determined reserve amount.
    • Automatic portfolio rebalancing: Maintain your desired level of asset allocation automatically so that it is consistent with your desired risk preference.

11Investments available to HSA holders 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 financial advice. HealthEquity Advisors, LLC™, a wholly owned subsidiary of HealthEquity, Inc. and an SEC-registered investment adviser, does provide web-based investment advice to HSA holders that subscribe for its services (minimum thresholds and additional fees apply). HealthEquity Advisors, LLC also selects the mutual funds offered to HSA holders through the HealthEquity, Inc. platform. Registration does not imply endorsement by any state or agency and does not imply a level of skill, education, or training. HSA holders making investments should review the applicable fund’s prospectus. Investment options and thresholds may vary and are subject to change. Consult your advisor or the IRS with any questions regarding investments or on filing your tax return.

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. Investing through the HealthEquity investment platform is subject to the terms and conditions of the Health Savings Account Custodial Agreement and any applicable investment supplement. Investing may not be suitable for everyone and before making any investments, review the fund’s prospectus.

Investment services

Personalized guidance, powerful tools
Advisor™ provides web-based professional investment guidance and access to powerful online tools to maximize your tax-free HSA earning potential. Our flexible options allow you to manage your funds or have us do all of the work for you.

For more information, visit:


powered by HealthEquity ADVISORS, LLC

Disclaimer: not all features are available for all groups.


Investing FAQs

  • What happens if my balance falls below the investment threshold?
    You will not be allowed to invest any more funds until your balance exceeds the investment threshold. Investment and HSA cash balances are treated as separate accounts, and there is no consequence to your investments if your available balance falls below the investment threshold. You do not have to sell you investments and you do not lose them.

  • Are my eligible medical claims paid for or reimbursed from my investment account?
    No. Investment account balances are separate from your cash balance. To use investment funds to pay for claims you must sell shares. The proceeds from the sale are automatically moved to your HSA cash balance within three to five business days.

  • How do I know my HSA cash balance vs. how much is invested?

    Log in to your member portal. Your HSA cash balance and investment balances will display in the ‘Account Balances’ section. You can also select ‘Account Summary’ from the ‘My Account’ tab.

  • Do I have to pay taxes on interest earned from my investments?

    No. All interest earned on your HSA and investment account within your HSA is tax-free, provided it is used for qualified medical expenses. Any balances from investments sold are automatically moved into your HSA cash balance.

  • Does HealthEquity ever change available investment options?

    HealthEquity Advisors, LLC, a wholly owned subsidiary of HealthEquity Inc., actively monitors fund performance to ensure we are providing the best experience to our members. Any changes would be for the betterment of our members. HealthEquity reserves the right to add or remove funds at any time.