1. Open a self-directed HSA Investment Account with TD Ameritrade
Log in to your account to enroll. A monthly investment fee may apply (Please refer to your Health Savings Account Fee and Interest Schedule).
2. Transfer Funds to your HSA
To ensure accurate IRS reporting, send all HSA funds through HSA Bank before investing them. Funds may not be sent directly to TD Ameritrade.
Funds can be transferred through HSA Bank's Member Website or by contacting HSA Bank's Client Assistance Center at 800-357-6246. Funds transferred before 2 p.m., Central Time, will be available within two business days.
Note: You may transfer up to $10,000 per day through HSA Bank's Member Website.
3. Make a Trade through TD Ameritrade
Access your TD Ameritrade account 24/7 online at the TD Ameritrade website or through TD Ameritrade's Interactive Voice Response system at (866) 766-4015. This number can also be used to reach TD Ameritrade representatives.
Website Trades - Your brokerage account number will be provided in your TD Ameritrade Welcome Kit. A separate mailing will be sent with your PIN. The first time you go to TD Ameritrade's secure trading website and log in, enter your brokerage account number and PIN. You will be prompted to create a username and password. All trading can be done via this site at your convenience.
Telephone Trades - Call TD Ameritrade at (866) 766-4015 to place a trade over the phone. TD Ameritrade's interactive telephone system will guide you through the quote and order process. Instructions for the telephone system can be found in your TD Ameritrade Welcome Kit. You may also download instructions for using this system at the TD Ameritrade website.
Broker Trades - Call TD Ameritrade at (866) 766-4015 and select the option to speak with a broker. Brokers are available Monday through Friday, from 8:00 a.m. to 5:30 p.m., Central Time.
4. Return funds to your HSA
Investment funds can be returned to your HSA as needed. To return your funds, sell the amount of shares equal to the amount of funds you would like to return to your HSA. When your trade has settled into the default cash sweep vehicle, log in to HSA Bank's Member Website or contact HSA Banks' Client Assistance Center to transfer the funds. Note: Funds will be available in your HSA within two business days.
HSA Bank does not provide brokerage services; brokerage services are provided by TD Ameritrade. HSA Bank and TD Ameritrade are separate and unaffiliated firms, and are not responsible for each other's services or policies. Self-directed investment accounts are the sole responsibility of the account owner. Carefully weigh the advantages and disadvantages of investing your HSA funds before doing so. HSA Bank and other business entities receive compensation for providing various services to the funds, including distribution (12b-1) and service fees. Your ability to replace losses in the investment account may be limited by the annual contribution limits of your HSA. HSA Bank does not offer investment advice.
Investment accounts are not FDIC insured and they are not bank guaranteed. Investment accounts are not a deposit account, or an obligation of HSA Bank, and they may lose value. They are not guaranteed by any federal government agency. Performance data and ratings represent past performance and are not a guarantee of future results. Investment returns and principal value will fluctuate and investors' shares, when sold, may be worth more or less than their original cost.