HSA Ed off Accountholders on Employers off Agents Brokers off

Health Savings Account Investments Provided By TD Ameritrade & DEVENIR

TD Ameritrade Brokerage Option

HSA Bank provides you with a unique opportunity to invest your Health Savings Account (HSA) funds in a self-directed brokerage account.

TD Ameritrade offers a wide array of services for every company and every employee. A $3.00 monthly fee may be incurred. This fee will be waived for HSA Bank savings accounts with a minimum daily balance of $5,000.

  • Stocks, bonds and thousands of mutual funds (trading fees may apply)

  • No HSA minimum balance required to begin investing

  • Online access to real-time data, customizable charts and one-click integrated trading

  • Integrated, online access to trading, balance information and much more through HSA Bank’s free Internet Banking

  • Ability to place trades by website, telephone, mobile device and broker

  • Access to independent research tools, such as S&P and Morningstar®, to help you make informed trades

  • Trading fees may be applied by TD Ameritrade; additional fees vary by program, location or arrangement. 

If you're interested in self-directed investing and want to put your money to work for you, learn more about TD Ameritrade. HSA Bank receives compensation from TD Ameritrade for performing certain services.

Note: If you have an existing TD Ameritrade account, you must establish a separate account to invest your HSA funds. Due to tax reporting requirements, it is not possible to use HSA funds for accounts you already have with TD Ameritrade.

DEVENIR Mutual Fund Selection Option

You can invest your HSA funds in a pre-selected group of no-load mutual funds covering a range of fund families and asset classes.

DEVENIR offers an easy way to invest HSA funds in a pre-selected group of no-load mutual funds offering a variety of fund families and asset classes. A $3.00 monthly fee may be incurred. This fee will be waived for HSA Bank savings accounts with a minimum daily balance of $5,000.

  • Performance of mutual fund selections are reviewed quarterly by SEC registered investment advisors

  • Integrated, online access to investment account history, balance information, contribution election, trades and much more all through HSA Bank’s free Internet Banking

  • Access to Morningstar® reports and other planning tools

  • Easily transfer funds between investment account and health savings account through HSA Bank’s free Internet Banking.

  • No trading fees for pre-selected group of mutual funds. An annual fee of $24 is deducted from the investment account balance, prorata.  

Learn more about your mutual fund options.

HSA Bank and other business entities receive compensation for providing various services to the funds, including distribution (12b-1) and service fees.

All funds may be purchased at net asset value (NAV) without a front end load. Some mutual funds may charge a redemption fee if not held for the period of time disclosed in each prospectus.

HSA Bank does not provide brokerage services; brokerage services are provided by TD Ameritrade and DEVENIR. A $3.00 monthly fee may be incurred. This fee will be waived for HSA Bank savings accounts with a minimum daily balance of $5,000. The minimum daily balance does not include funds that may be in an investment account. Investment accounts are not FDIC insured, may lose value and are not a deposit account or other obligation of HSA Bank. Investment accounts are not bank guaranteed or guaranteed by any federal government agency. Self-directed investment accounts are the sole responsibility of the account owner. HSA Bank does not offer investment advice. Carefully weigh the advantages and disadvantages of investing HSA funds before doing so. Access to real-time market data is conditioned on acceptance of the exchange agreements. Professional access differs and subscription fees may apply.  

Morningstar® is a registered trademark of Morningstar, Inc.