HSA Investment Options
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A unique feature of your HSA with HSA Bank is the ability to invest in online, self-directed investment accounts, including:
- TD Ameritrade Corporate Services investment account
- Mutual Fund Selection investment account
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 Through TD Ameritrade, you will have access to stocks, bonds, and over 11,000 mutual funds. If you're looking for an option with self-directed investing and want to put your money to work for you, click here to learn more about TD Ameritrade Corporate Services.
If you would like to open a new account with TD Ameritrade Corporate Services, please do the following:
- If you have not already done so, you must establish your health savings account and make an initial contribution.
- Open the PDF application, located here. The PDF file contains an enrollment application and a privacy statement.
- Fill out the application and fax it to HSA Bank at 1-920-803-4184.
Important note to those with other TD Ameritrade accounts: You must establish a new account to invest your HSA funds. Due to tax reporting requirements it is not possible to use your HSA funds in other accounts you may already have with TD Ameritrade.
Your TD Ameritrade Corporate Services Welcome Kit will arrive 5 -7 business days after you fax in your application.
Please click here for current TD Ameritrade Money Market Interest Rates. Please refer to the TD Asset Management USA Funds Class A fund for the appropriate rates.
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A pre-selected suite of mutual funds, covering a number of fund families and asset classes, is available. The following fund types are available to you in the HSA Bank Mutual Fund Selection investment account:
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Investment Asset Class
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Large Cap Value
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International
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Large Cap Blend
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Index Fund
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Large Cap Growth
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Fixed Income
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Mid Cap
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Lifestyle
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Small Cap
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Money Market
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Click here for specific Mutual Fund Options available.
If you would like to open a Mutual Fund Selection account, please do the following:
- If you have not already done so, you must establish your health savings account and make an initial contribution.
- Login to HSA Bank's Internet Banking system. If you do not have an Internet Banking login, you can sign up for Internet Banking by clicking here.
- Once logged into HSA Bank's Internet Banking system, select the Investments link from Accounts in the main navigation menu.
- Click on the Investment Options button at the bottom of the Investments page.
- Click the Mutual Fund Selection Enrollment link next to the HSA account number to which you would like to link your investment account. No mutual fund loads or transaction fees. Annual fee of $24 charged by mutual fund company.
You will receive an email that includes your Personal Identification Number (PIN). You will use this PIN to sign into your Mutual Fund Selection investment account. Then, in one or two business days, you will receive another email that provides information on how to access your Mutual Fund Selection investment account.
Note: If your HSA account balance falls below $3000 as a result of a transfer to an investment account, you may incur monthly maintenance fees.