HSA investment
A key benefit of an HSA is that the tax free funds in your account can be invested. Account holders can potentially earn a return on their savings.
Maximize investments with HSA tax benefits
HSA investment can be a useful tool for individuals looking to save money on healthcare costs and potentially earn long-term growth with significant tax savings.
Make pre-tax contributions
Grow tax-free earnings
Enjoy tax-free distribution
How to get started
Must have an HSA and a high-deductible health plan (HDHP) with HealthEquity and meet the amount minimum to start investing. If eligible, open an HSA account.
Determine the amount you want to contribute based on annual contribution limits.
Use our HSA investing tools to help you get started.
Vanguard funds investment lineup
Vanguard is the largest provider of mutual funds in the world and has more than 6 trillion dollars in assets under management. Each of the funds we offer carries a Morningstar rating of 4 or 5 stars.
HSA investing tools
Take advantage of our web-based automated investing advice and recommendations.
Personalize guidance
When you sign up for Advisor you will complete a simple personalized risk assessment to determine the best allocation of your investment dollars.
Optimized diversifications
Your investments are spread across a variety of asset classes to help manage risk and optimize potential returns.
Monitoring your money
Advisor continuously monitors and automatically rebalances your portfolio to help keep it aligned with your goals.
Options for investing
HealthEquity offers access to 3 options for investing in mutual funds: AutoPilot, GPS and Self-driven
AutoPilot
Powered by Advisor, AutoPilot is a hands-free investing experience. Based on your risk tolerance and investment goals, your funds are automatically invested and rebalanced.
GPS
GPS provides personalized guidance based on your risk profile. You choose which investments to buy and sell, with Advisor offering suggestions along the way.
Self-Driven
Take full control of your investments. Choose from a curated lineup of mutual funds and manage your portfolio on your own terms.
Transfer or rollover existing HSA
If you currently have an HSA, maximize savings by moving your existing HSA dollars to HealthEquity. Double interest is available to any HealthEquity HSA account holder who transfers or rolls over their HSA to HealthEquity.
Frequently Asked Questions
You will not be allowed to invest any more funds until your balance exceeds the investment threshold. In addition, if your balance drops below the investment threshold, your investments may be liquidated.
No. Claims are paid from your HSA cash balance. Your investment account is separate from your cash balance.
Your account dashboard displays both your HSA cash balance and your investment balance. You can view details anytime by logging in.
1As of January 31, 2025, according to a 2025 HealthEquity Year-End Sales Report.Return to content