With my HSA, I do need those funds, but not all of it throughout the year. So what strategies can I use to invest but also use the account, and how does investing even work in an HSA?" Thanks, James. Sean Pyles: To help us answer James's question on this e...
In most cases, your HSA acts like a savings account at first and earns interest the same way a normal savings account does. Other Health Savings Accounts let you invest the money in mutual funds right away—just like an IRA! Some providers require a minimum balance before you can start in...
Your HSA money can be invested in mutual funds, stocks and other investment tools. Different companies can help you do this, depending on your investing preferences. If you plan to invest your HSA balance, find an HSA custodian that allows investing and offers low-fee investment options. Withdr...
The balance in an HSA can be invested.You can purchase stocks, bonds, and other types of assets to boost your potential returns. Most financial advisors will strongly suggestputting HSA funds in conservative investmentssuch as U.S. Treasury bonds. This account is, first and foremost,...
Exchange-traded funds (ETFs) trade like stocks and can help you easily create a diversified portfolio to match your investing goals. Learn more about ETFs, how they work, and how you can invest in ETFs. Feed your brain. Fund your future. Subscribe now What is an ETF? An ETF is a ...
An HSA isn't just a savings account; it can also be an investment account. So if you're fortunate enough not to need the money to cover ongoing medical costs, you may be able to invest your HSA balance in mutual funds, ETFs, stocks, or fixed income (your investment options will depen...
Should You Invest in Dogecoin? While cryptocurrencies such as Bitcoin and Ethereum have disrupted the way many investors interact and think about money, traditional investors may opt to steer clear as prices can change drastically from one moment to the next. Stablecoins, on the other hand, ...
2. Funds grow tax-free in your HSA. You can let them accumulate nominal interest or invest the money in your HSA in stocks, bonds, ETFs, mutual funds and other securities, where it will earn a much higher return. If you need to pay a medical bill, you can sell investments. (Some ...
Like an HSA, an FSA reduces your taxable income by allowing pre-tax contributions. However, you can'tinvest the money you contributeto an FSA and, if you change jobs, you'll lose any balance. In addition, the money in an FSA must usually be spent within the plan year or it's sacrif...
Crypto is in the spotlight as 2025 gets underway. Here's a look at some top buys. John DivineJan. 21, 2025 6 Best Cryptocurrencies to Buy These exchange-traded funds are top picks if you want to invest in the technology industry. Coryanne HicksJan. 21, 2025 7 Best...