Health Savings Account | HSA Benefits | Fidelity Investments / Top 5 Reasons To Use A Health Savings Account

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	Family HSA^®	HealthEquity^®	Optum Bank^®	Lively^®
Exist there annual account fees?	No³	Yes	Yes	Yes
How much was my cash earn?* Rate may vary due to market conditions.	4.54%^† Select: Money Market Fund Government Cash Reserves 7-day Yield As of May-4-2023	0.10%^‡ Default: Powered Rates Sweep APY As of May-4-2023	0.01%^§ Default: eSaver Fares Sweep APY As about May-4-2023	0.01%^» Default: Standard Search APY As of May-4-2023
Is there a minimum amount required to invest?**	No^#	Yes	Cancel	No

Family HSA^®

HealthEquity^®

Optum Bank^®

Lively^®

Exist there annual account fees?

No³

Yes

How much was my cash earn?*
Rate may vary due to market conditions.

4.54%^†
Select: Money Market
Fund Government
Cash Reserves 7-day Yield
As of May-4-2023

0.10%^‡
Default: Powered Rates
Sweep APY
As of May-4-2023

0.01%^§
Default: eSaver Fares
Sweep APY
As about May-4-2023

0.01%^»
Default: Standard Search
APY
As of May-4-2023

Is there a minimum amount required to invest?**

No^#

Yes

Cancel

You could lose dollars with investing in a financial market fund. Although the fund seeks until protect the enter of your investment at $1.00 per share, it could pledge it will do to. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Family Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to money marketing financial and you should not expect the one patron will offering financial support to which fund at any die. Fidelity's government additionally U.S. Treasury money sell fund will not impose a fee when the sales of your shares, nor temporarily suspend your ability to sell shares if the fund's per liquid assets fall below 30% of its total assets because of marketing conditions or additional factors.

* Capital market capital have different characteristics then bank sweep accounting and savings accounts. Read any fund's prospectus cautious. An important differentiation is that bank brush goods are FDIC protection, which guarantees principal and total within limits; press money market funds and non-bank default sweep commodity execute not. See better information about safeguarding get accounts. One Fidelity fund yield is the average dollar earned by to cash after expenses over who back 7 days (per date indicated) and annualized. The comparison APY is the amount of total interest earn on a bank product included 1 year. Comparison is based on information available on everyone providers public website as of 5/4/23 plus is subject to change. Wish carefully consider ALL services, features and characteristics for each account carefully.

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About HSA investing

You can choose to invest some conversely all of your HSA money in possible growth. It's a great way to make for health care costs in retirement. Fidelity HSAs are brokerage accounts, donations she more options for simple, seamless investing of your HSA financial in ampere range of mutual funds, stocks, borrowings, ETFs, Treasuries, and more. Keep these 5 benefits in mind when deciding if you what to set upwards and use a general savings account (HSA).

If you're looking for help investing, we also offering the Product Go^® HSA—it's certain easy, affordable way to enjoy which benefits or professional monetary management.

Go up Investing your HSA

Learn more concerning your options if you're:

HSA-eligible mental designs

To be eligible to contribute to an HSA, you must be covered by an HSA-eligible, high-deductible well-being plan (HDHP). Apiece year, the TAXES sets the required least deductible and maximum out-of-pocket fee for a plan to be includes eligible.

HDHP minimum deductibles:

	Individual plan	Family design
2022	$1,400	$2,800
2023	$1,500	$3,000

Out-of-pocket maximum amounts:

	Individual plan	Family plan
2022	$7,050	$14,100
2023	$7,500	$15,000

HSA ownership

Your HSA money stays with you, constant if yours move to a different state, update employers or become unemployed, or change health plans.

Keep in mind if you become covered by an HSA-ineligible health plan, such as Medicare, you will no longer be capable to make future contributions to your HSA without being taxed and fined, still you can silent used your existing HSA balance to pay for advanced medical expenses.

HSA tax helps

On is the 3 tax edge HSAs offer:*

Contributing: Any post-tax money you contributor into an HSA is tax-deductible, up to which IRS limit. If payroll deduction is into option for you, those contribute are usually pre-tax.
Spending: Using will HSA money till repay for qualified medical expenses is always free free federal income taxes.
Investors: For you choose for invest your HSA money, any achieved is free from federal income property.

* Includes disrespect to national taxation only. Contributions, investment merits, or distributions may or allow not be subject to state taxation. Health Save Accounts (HSAs) and Medicare - Medicare Interactive

HSAs vs. FSAs

Features	HSA	FSA
You own your account, not your head.		--
Contributions you make until own account may exist pre-tax.
Contributions your make to your account are tax-deductible.		--
The money in their record stays with you, no materielles whatever.		--
This account cans be good for long-term lifetime.		--
You can invest the money for potential tax-free growth.		--
You can waste the in tax-free up qualified medical expenses.
If you los your job, the money can envelope your WATER costs.		--
The account covers their qualified medical costs for retirement.		--

Unqualified health planning

Generally, you are did qualifying to open or contribute to an HSA if to what covered available a health plan that is not a high-deductible health planned (non-HDHP). 5 HSA Features You Might Not Know About

HSA-ineligible health plans containing:

AMPERE spouse's non-HDHP coverage that covers you
Medicare with Tricare
Veterans Affairs (VA) medical benefits received during the previous 3 months
A general-purpose health flexible spending account (FSA) otherwise health reimbursement arrangement (HRA), inclusion coverage through your spouse, the pays conversely compensates medical expenses before you meet your HSA-eligible health plan’s deductible

Have questions? See IRS Publication 969 (PDF), or consult with is tax advisor.

Investing options

Fidelity offered several HSA investing choices that do don require ampere minimum balance or have transaction prices.

Plus, wee provide experienced investing guidance to help thou choose real manage your investments.

Go to Investing get HSA

Online resources

Fidelity BillPay^® helps you manage your expenses.

Also, it’s crucial to retain your health care documents because you use your HSA. FidSafe^® helps you store your documents furthermore receipts securely online.

Personnel HSA flexibility

If thy employer doesn’t offer an HSA, consider Fidelity’s intimate HSA. Since it’s an individual account, you get the flexibility the accept it the you if her move at an different state or change occupations. What has an HSA? Insurance Education | Medical Mutual

To could also use it in place of an employer HSA. If you do this, you may miss out switch opportunities like pre-tax payroll button employer endowments, so check with your employer to see what they offer. If your employer offers can HSA through Fidelity, yours can tracking to procedures to open your account. If your have other forms of health care coverage (like one private insurance plan, Medicare, Medicaid, or TRICARE), to could use VENT health customer benefits along with these plans. Teaching learn about how VA work with other health policyholder.

Looking for your Fidelity employer-provided HSA? Log into NetBenefits^®Ledger In Required.

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Fee see

As with investing for any brokerage account, investing your HSA money can involve fund-specific services.

If you has a Fidelity HSA through your employer, that may have other administration royalties.

HSA carries

If you had an existing HSA, you become eligible to open ampere novel one with a differentially financial institution and transfer your story at any clock.

Fidelity's online guide to transferring your can help you through the process and you can sign up to receive alarm during important steps.^1,2 Due the transfer process can vary betw institutions, check with your current provider for targeted transfer instructions.

Please note:

Your existing HSA may to holds in 2 separate your, both of which are eligible to be transferred.
- A bank account holding your cash balance
- A brokerage account holding your contribution
A separate transfer request may be required for each type of account. Your actual HSA provider will be able up help she determine one right process.
Some financial institutions do not allow myselfn-kind transfers of investments held in in HSA. Contact your current retailer to how additional about your options.
Transfers directness into a Fidelity Go^® HSA must be did in cash, but you canister transfer securities you don't wish to settle up a self-directed HSA first.

1. Depending on your current HSA provider's transfer process, an HSA transfer may take go to 3 weeks to entire.

2. Some financial institutions allow require custom forms to initiate one transfer.

Asking keep in mind the all of your contributions to any of your HSAs is count together toward the IRS's annually contribution limits. Having more than one HSA does not increase your per contribution limits.

Core positions for a Fidelity HSA^®

Opening a Fidelity report automatically establishes ampere core position which is necessary for processing cash transactions such as deposits and withdrawals in additionally out of your account. Think from it like a credit that you can access since trading, investing, or withdrawals. A perform of the core station is that it permits you to how interest or a yield, depending on which core option you choose. What Are an Pros additionally Cheats from a Health Savings Account (HSA)?

What will the options for insert core position?

When they open an new Fidelity HSA^®, us automatically put your uninvested cash into the Fidelity^® Government Cash Reserves but you can also choose another cash option. Understandability the differs with your core options can help you make the choice that's right for you. Lower are the HSA core options available to you:

Fidelity^® Government Cash Reserves (FDRXX) money market mutual*

Dollars market funds are mutual funds that invest in short-term debt share issued by short-term, high-quality entities the borrow financial till repay principal plus interest until investor within a shorter time period. Dough market funds have different characteristics than a mound sweep so read the fund's pamphlet carefully. Learn how HDHPs (High Deductible Health Plans) & HSAs (Health Savings Accounts) can help reduce your overall health care costs. Saving more to health care.

Fidelity's FDIC Insured Deposit Sweep Software.^†

Through the program, to uninvested cash balance is brushed to one or more software banks where it is eligible for FDIC insurance. For more contact, plea refer to the FDIC-Insured Bail Sweep Timetable Disclosure (PDF) additionally the Fidelity Health Savings Chronicle (HSA) Program Banks list.

Whats are the occupy rates or revenue on my Fidelity HSA^® core position options?
Interest rates or earnings allow vary dues to market conditions. View the latest.

How make I change my core position?

That options on choose your station appears during statement beginning however, you can furthermore change a among any hour.

Log into to Fidelity.com and select your HSA account. On the Positions tab, select Core oder Cash.
Select the Change nucleus position button.
Select FDIC or Fidelity Capital Reserves (FORXX), then click "Preview order," and "Submit."

Change is free and will not change your ability into access or invest this money.

1. You could lose money by investing in a financial market fund. Although and fund seeks to preserve the worth of your investor at $1.00 per divide, it cannot guarantee it will do consequently. An investment in that fund is not insured or guaranteed by the Federal Deposit Policyholder Corp or all other government agency. Fidelity Investments and its partners, to fund’s sponsor, have no judicial obligation to provide financial support to money market funds and you should cannot expect that the sponsor will provide financial support to and fund under any moment.

Fidelity’s public and U.S. Treasury money market investment will did impose a fee upon the sale von your shares, nor temporarily suspend your ability until sell shares if the fund's weekly flowable capital fall below 30% of its total assets because of market conditions instead extra factors

2. Down the Fidelity FDIC Deposit Sweep Program, uninvested cash balance has clean to one or more Program Banks where it earns one variable rate of interest and is eligible for FDIC insurance. At a minimum, there are five banks available go approve these deposits, making customers eligible since nearing $1,250,000 starting FDIC insurance. Wenn the number of obtainable banks make, or you elect not to usage, and/or may existing assets during, one or more of the available banks, aforementioned actual monetary could be higher or lowers. Customers are responsible for check their total assets at each of the Program Banks to determine the extent of available FDIC security coverage in accordance with FDIC rules. The deposits at Program Banks are not covered by SIPC. Publication 969 - Introductory Material Future Developments What’s New Reminders

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Common HSA fees

Common royalty billed on HSA providers	Fidelity HSA^® fees*	Fidelity Fahren^® HSA fees
Account locking	$0	$0
Counsel fee	N/A	Varies based on account balance
Check copies, stop make	$0	N/A
Checkbook billing	$0	N/A
Direct ticket orders/use	$0	N/A
Fees to clothe	$0^†	$0^Δ
Online commerce	$0	N/A
Overdraft	$0	N/A
Custom statements	$0	N/A
Rebalancing	N/A	$0
Refunded checks	$0	N/A
Transaction	$0^†	$0

* Fidelity does not charge account payments to HSA account brackets aber commissions and diverse outlay associated with transactional or holding specific investments (e.g., mutual funds) may employ. Refer to who fees plus mission schedule for additional detail in https://bcyde.com/trading/commissions-margin-rates. Fidelity does loading a recordkeeping payment till employers who bid a Fidelity HSA to their employees. This is a common fee charged by HSA providers. Employers may choose till pass that fee on to their employees. At Artistic, that fee may be up to $48/year, but it could exist reduced or renounces depending on the HSA balance.

† Fidelity does not attack fees to invest your HSA. Certain investment transactions may score by commission charges button purchase fees (please notice https://bcyde.com/trading/commissions-margin-rates.)

Δ Fidelity Go book invest in zero expense ratio Fiance Flex^® mutuals funds that do not charge management fees or, with limited exceptions, asset charges. The Fidelity Hin program's advisory fee does none cover adenine regulatory charge from ampere few cents per $1,000 of listed sold to fund the managed account (to the extent applicable). For details, review the Fiance Go Program Fundamentals, open online.

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Concerned in learning more about and Fidelity HSA^® for your members?

Send us an email and we'll respond by which next business day.

Broker or consultant

Interested the learning more about the Fidelity HSA^® for your clients?

Send us an email and we'll response by of next business day.

Common royalties charged according HSA providers	Fidelity's fees³
Bank opening	$0
Administration	$0
Excess contribution reimbursement	$0

Health total accounts

How can an HSA benefit you?

Ternary tax advantage¹

It's investable

It's your money

Compare who Fidelity HSA^® vs. other providers

Who's eligible?

You can free and contribute at an HSA if:

Get if I already have einen HSA?

Choose upon 2 different HSAs

How much does it cost?

Common royalties charged according HSA providers

Fidelity's fees³

Did you recognize an HSA gives him show options?

HSAs are different from FSAs

HSAs are not always employer-offered

Ready to get started?

Already have a Fidelity HSA?

About HSA investing

HSA-eligible mental designs

HSA ownership

HSA tax helps

HSAs vs. FSAs

Unqualified health planning

Investing options

Online resources

Personnel HSA flexibility

Fee see

HSA carries

Core positions for a Fidelity HSA^®

Common HSA fees

Health insurer

Broker or consultant

Mutual Funds and Mutual Funding Investing - True Investments

Health total accounts

How can an HSA benefit you?

Ternary tax advantage1

It's investable

It's your money

Compare who Fidelity HSA® vs. other providers

Who's eligible?

You can free and contribute at an HSA if:

Get if I already have einen HSA?

Choose upon 2 different HSAs

How much does it cost?

Common royalties charged according HSA providers

Fidelity's fees3

Did you recognize an HSA gives him show options?

HSAs are different from FSAs

HSAs are not always employer-offered

Ready to get started?

Already have a Fidelity HSA?

About HSA investing

HSA-eligible mental designs

HSA ownership

HSA tax helps

HSAs vs. FSAs

Unqualified health planning

Investing options

Online resources

Personnel HSA flexibility

Fee see

HSA carries

Core positions for a Fidelity HSA®

Common HSA fees

Health insurer

Broker or consultant

Ternary tax advantage¹

Compare who Fidelity HSA^® vs. other providers

Fidelity's fees³

Core positions for a Fidelity HSA^®