How an Enhanced HSA Investment Experience Makes Planning Easier

October 30, 2018

Would you like a lifestyle in retirement that’s better than the one you have today? About one-quarter of Americans hope their golden years are an improvement over the way they currently live. The majority of people know they need to be financially secure someday, but they aren’t sure how to get to that point.

You can achieve your retirement goals by enrolling in a Health Savings Account (HSA), which compliments 401(k)s and IRAs with its investment potential. The rate of return on investment is typically much higher than the standard interest rate, which will help you set up for the dream retirement you deserve. That’s why we’ve made enhancements to the HSA investment features within your online account, so it’s even easier to invest your funds and watch them grow!

Direct access to investment management

We’ve added functionality to put HSA investment management directly within reach. Now, from your online account, you can manage your investments simply by logging in and, from the “I Want To” menu, choosing “View Investments.” From there, you can manage your investments without navigating to separate page.

We’ve also added an “Education” page within the “I Want To” menu, where you can view performance stats and fact sheets for available funds, access the Guidance Tool and see answers to frequently asked investment questions.

Guidance Tool

Investment planning requires strategy, which is why we provide tools and resources to help you craft that strategy. Our Guidance Tool makes it easy for you to build your investment plan, by helping you:

  • Obtain a personalized risk assessment.
  • Create simulations to estimate your HSA balance at retirement.
  • Develop an HSA investment strategy to reach your goals.

The Guidance Tool is available to you every step of the way. You can use it before, during and after you make elections.

Target retirement funds

Investor preferences come in all shapes and sizes, so it’s important to provide options that cater to the needs of everyone. For Americans investing with an eye toward retirement, target retirement funds are the perfect solution since they include a diversified mix of stocks, bonds and other investments. This is advantageous for retirement planning because target retirement funds become more conservative as they approach their retirement year. You can now invest in target retirement funds through your online account.

Added transfer capabilities

When you invest your HSA funds, your account has a cash account (where your non-invested funds collect interest) and an investment account. We’ve added the ability for you to make a one-time transfer between the two accounts to give you more control over which funds investments are allocated to and from.

Would you like to learn more about investing with your HSA? Watch our video. 

Improved HSA investment experience

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