Your health savings account, or HSA,
can be a smart long-term investment vehicle
that can play an important role
in your overall wealth and retirement strategy.
Investing a portion of your HSA dollars,
if you choose to do so, may potentially grow
your savings and can be an additional way to
save for long- term health care needs
and your financial goals.
In general, contributions to your HSA
and potential investment earnings,
such as interest or dividends, are income tax free.
Once your HSA reaches a certain designated balance,
also known as the investment threshold,
you may choose to invest a portion of your HSA dollars.
We make investing easy and accessible
by offering you two investment opportunities.
Your first option is investing your HSA dollars
in self-directed mutual funds.
You can choose from a wide variety
of over 30 mutual funds including life stage funds.
They average a four-star Morningstar rating
and represent some of the lowest
expense ratios in the industry.
Your second option is investing with Betterment.
Betterment helps take the guesswork
out of investing your HSA.
Based on your HSA investment goals
Betterment will recommend a personalized
portfolio of low-cost exchange traded funds
or ETF's and keep your HSA investment
on track through auto deposits
and automated rebalancing.
Ready to get started?
Simply decide how much you would like to
transfer into an investment account.
The first time you invest, your balance
must meet the minimum requirement
to invest, plus $100 that you can spread
across the funds of your choice.
After that, you can invest any amount,
as long as you have enough to cover
the price of a full share.
Then sign into your account and select the
investment option that is best for you.
If you choose self-directed mutual funds,
the asset allocation calculator can help you
decide which funds are right for you.
If you choose Betterment, you will answer
a few questions and Betterment will create
a customized portfolio to suit your needs
and invest your HSA dollars for you.
If an unexpected medical expense comes up
it's no problem.
You can easily transfer your investment funds
back into your HSA to pay for them.
It's that easy.
So, give your future a boost
and start investing today.
Visit optumfinancial.com to learn more.