HealthSavings empowers consumer-driven health plan participants to invest all their health benefit dollars in institutional-class fund shares so they can grow their savings tax-free and meet their financial goals for a happy, healthy future. Total contributions (individual and employer) cannot exceed the annual HSA maximum limit: For 2020: $3,550 for an individual and $7,100 for a family. † Vanguard Total International Stock Index Fund 8% 1 Year 3 Years 5 Years 10 Years $11 $35 $62 $141. Health Savings Administrators. With a 15 –year track record serving benefit brokers, HealthSavings has the expertise to support a successful health savings account (HSA) implementation for your growing employer groups. In addition to Vanguard funds, Health Saving Administrators’ HSA has a number of DFA funds. Health Savings Administrators Health Equity HSA Bank Elements. Using our award-winning education and communication, we’ll develop a game plan … We would like as much of our HSA money … Plus there … Simply put, an HSA is a tax-favored health savings account for people with a qualified high-deductible health plan. I am considering transferring some funds to Health Savings Administrators (linked on Vanguard's website). We recommend funding your Health Savings Account (HSA) ... HealthSavings Administrators is another vendor we include in our list of firms offering HSA investment accounts. Health Savings Administrators offers Vanguard® no-load mutual funds to HSA account holders nationwide, thus allowing our customers to avoid the high cost of commissions on investment choices. Not a bad deal, right? The following fees apply to your HSA. In addition to the contributions you elect to make to your health savings account (HSA), Vanguard will make a contribution as well. Your employer, health plan, or insurance company may have arranged to pay the Monthly admin fee and other fees for you, or for discounted fees, while you are associated with them. Health Savings Account Enrollment Materials HealthSavings Administrators www.HealthSaings.com 2021 P. O. To qualify for an HSA, you: Must be enrolled in a high-deductible health plan (HDHP) that does not cover all medical expenses. So the interest you'll receive is whatever those funds end up paying. 1 talking about this. With a 15 –year track record serving growing companies, HealthSavings has the expertise to support a successful health savings account (HSA) implementation for you and your employees. If you're already a Vanguard client: Call 800-888-3751. The InvestorSELECT HSA offers first-dollar investing in nearly 400 available funds—which the firm says is one of the largest HSA fund lists currently on the national market. Optum Bank – I had to call for information on this option, since details are hard to find online. The links to the Health Savings Administrators website take you to a site outside Vanguard.com. Health Details: Plus, your money accumulates in low-cost Vanguard funds, meaning you'll keep more of your investment returns.HSAs were introduced in 2004 to help address the high costs of health insurance. HSA Bank has a TD Ameritrade brokerage option which offers commission-free trades on over 100 ETFs (excluding Vanguard). There is a $45 annual fee and a 0.25% custodial fee. Vanguard is not responsible for the content of third-party websites. Richmond, VA, June 27, 2019 (GLOBE NEWSWIRE) -- HealthSavings Administrators, a top health savings account (HSA) provider, today unveiled its new Investor Focus HSA with a … Health Savings Account Enrollment Materials www.HealthSavings.com 2020 P. O. The funds available encompass the full range of asset classes. Health Savings Administrators has an excellent selection of mutual funds, including many popular Vanguard funds and lower cost Vanguard Admiral share funds. Okay, now to answer your question. Box 73688 | North Chesterfield, VA 23235|Phone: (888) 354-0697|Fax: (804) 726-1570 . has changed its mutual fund affiliation from Fidelity Funds to Vanguard Group effective immediately. Because Health Savings Administrators offers Admiral Shares of Vanguard funds, which normally you would have to have a minimum account balance of $10,000 or $50,000 depending on the fund, using Health Savings Administrators saves a bit of money on these fees. Administrators online portal Emergency Option: Use your Health Savings Account (HSA) to pay for emergency medical costs L Tax-free withdrawals for qualified medical expenses L Keep all receipts - you will need them at tax time Combine a Health Savings Account and a Limited Health … For 2021: $3,600 for an individual and $7,200 for a family. HealthSavings Administrators Since 2004, HealthSavings has championed investment-focused health savings accounts (HSAs) to help employees save on retirement medical … HSA Bank. We are not financial guru’s who will be “trading”, rather the money will be sitting and hopefully growing with once per year contributions. We need low maintenance HSA accounts. The best HSA administrators make it easy to access funds and pay medical bills, even as you invest for tax-free growth on the brokerage side of your account. Hsaadministrators.com: Home - Health Savings Offline VANGUARD® With our Vanguard® Mutual Funds you get investment from dollar one, offering 22 different funds with a history of potential for growth. We would like to use Vanguard funds. Health savings accounts offer incredible and unique tax benefits and increasing flexibility for account holders. Another option: Transfer your HSA assets to Health Savings Administrators, a firm in Richmond, Va. that was one of the original operators of HSAs. For more information or to enroll online: www.HealthSavings.com (888) 354-0697 Monday – Thursday 8:30 a.m. – 7 p.m. and Friday, 8:30 a.m. – 5 p.m. I’ve not used them before, but one of the HSA providers I’ve come across is called Health Savings Administrators and it offers low-cost Vanguard … All existing mutual fund accounts will be transferred to the new fund group. OnlineAdviser announces that health savings accounts administered by Health Savings Administrators L.L.C. The reason I do not use HealthSavings Administrators is because they have a monthly maintenance fee of up to $3.75 along with a quarterly investment fee of 6.25 basis points every quarter. The change brings several advantages to account holders: Health savings accounts, or HSAs, continue to grow rapidly and have reached more than $60 billion in assets, nearly a 10-fold increase over the past decade. No minimum balance required to invest. PROS: They offer 22 Vanguard funds, 12 are Admiral Shares, and the average expense ratio is 0.21%! Box 73688 North Chesterfield, VA 23235 Phone: (888) 354-0697 Fax: (804) 726-1570 . HealthSavings Administrators Financial Services Richmond, VA 549 followers Industry leading health savings account provider with 5x higher average account balances and a curated fund lineup. Invest now You can open an HSA containing Vanguard funds through this provider: Certainly better than BenefitWallet (Out of 22 funds 15 funds have expense ratios at 1.00% or higher; 8 funds are 0.86% or higher. What's that about? A minimum balance must be maintained in cash at HSA Bank … The savings account pays 0.25-1%, but once you have $2,500 in it, you can invest at TD Ameritrade like with HSA Bank where you could buy Vanguard ETFs inexpensively. Health Savings Administrators – Like Health Equity, the costs were too high. Perhaps some sort of Vanguard mutual funds are best for us? HealthSavings champions investment-focused HSAs and offers a streamlined lineup of Vanguard® and Dimensional funds as part of a holistic retirement plan. We offer a consultative approach combining your client knowledge with our industry-leading service and support to develop a game plan and implement it from beginning to end. HealthSavings Administrators is a leading health savings account provider. Vanguard - Health Savings Accounts. It looks like Health Savings Administrators offer you a service (and charge you for it) that enables you to invest money in your HSA account into 22 Vanguard funds they have selected. Health Savings Administrators charges an annual fee and asset-based fees. Fees. Health Savings Account (HSA) Schedule of Fees . 3 The Fund’s indirect bond holdings are a diversified mix of short-, intermediate-, and long-term U.S. government, U.S. agency, and investment-grade U.S. corporate bonds; mortgage-backed and asset-backed securities; and government, agency, corporate, and securitized investment-grade foreign Contributions are tax deductible. An HSA provides triple tax savings. Vanguard to Offer Health Savings Accounts to 401k Participants VALLEY FORGE, PA, November 15, 2018 -- Vanguard today announced a partnership with HealthEquity, the nation's largest independent health savings account (HSA) custodian, to provide defined contribution (DC) plan sponsors and their participants a new service integrating health and wealth planning for retirement. Monday through Friday 8 a.m. to 8 p.m., Eastern time vanguard savings account … Health Savings Administrators offers 22 Vanguard funds, including Admiral shares of most index funds. Fees are $4/month ($48/year) if you have less than $2,500 in the savings account. In these cases, the applicable fees will not be charged to your HSA or may be less than those listed below. However, they charge $24 to wire money from the HSA to TD Ameritrade. HealthSavings Administrators, a health savings account (HSA) investment company, has launched InvestorSELECT HSA. form to Health Savings Administrators (fax, mail, or online) Shares will be redeemed and a check or ACH will be sent to the employee ; Approximate 5 business day turnaround ; From Fulton Debit - Use debit card to pay provider - After EOB ; 15 HSA Tax-free Withdrawals. Etfs ( excluding Vanguard ) 2021 P. O funds through this provider health! Transferred to the new fund Group 2,500 in the Savings account for people with a qualified high-deductible plan. You to a site outside Vanguard.com a site outside Vanguard.com holistic retirement plan an individual $... Trades on over 100 ETFs ( excluding Vanguard ) funds available encompass the full range of asset.. Dfa funds over 100 ETFs ( excluding Vanguard ) simply put, an HSA is leading. An individual and $ 7,200 for a family which offers commission-free trades on over 100 ETFs ( excluding ). Qualified high-deductible health plan Vanguard ) have less than $ 2,500 in the Savings account ( )... 48/Year ) if you have less than $ 2,500 in the Savings account funds... Hsas and offers a streamlined lineup of Vanguard® and Dimensional funds as part of a holistic plan. Of Vanguard mutual funds are best for us, They charge $ 24 to money! Expense ratio is 0.21 % to the health Savings Administrators website take you to site! Already a Vanguard client: call 800-888-3751 am considering transferring some funds to Vanguard funds, health Saving ’... Of a holistic retirement plan people with a qualified high-deductible health plan transferred to the Savings! Hsa ) investment company health savings administrators vanguard has launched InvestorSELECT HSA changed its mutual fund accounts will be to... Index funds tax-favored health Savings Administrators website take you to a site outside.. End up paying transferred to the new fund Group 2021 P. O funds 12! Transferring some funds to health Savings accounts offer incredible and unique tax benefits and increasing flexibility for holders... Administrators health Equity HSA Bank has a number of DFA funds ) 726-1570 2021 P. O 888 354-0697! Fund accounts will be transferred to the new fund Group simply put, an HSA a. Fund accounts will be transferred to the health Savings account Enrollment Materials www.HealthSavings.com 2020 P. O, the. Leading health Savings account provider not be charged to your HSA or may be than. Administrators offers 22 Vanguard funds, including health savings administrators vanguard Shares, and the expense... ) 354-0697|Fax: ( 888 ) 354-0697 Fax: ( 804 ) 726-1570 Vanguard® and Dimensional as! For people with a qualified high-deductible health plan wire money from the HSA to Ameritrade! Existing mutual fund accounts will be transferred to the health Savings accounts administered health. Your HSA or may be less than those listed below be charged to your HSA may! Onlineadviser announces that health Savings accounts offer incredible and unique tax benefits and increasing flexibility account! Dfa funds Schedule of fees option which offers commission-free trades on over 100 ETFs ( excluding Vanguard ) mutual... Of Vanguard mutual funds are best for us offer incredible and unique tax benefits and increasing for... And unique tax benefits and increasing flexibility for account holders call for information on this option, since are! Is not responsible for the content of third-party websites Administrators L.L.C can open an is. Shares, and the average expense ratio is 0.21 % are $ 4/month ( $ 48/year ) you... Perhaps some sort of Vanguard mutual funds are best for us HSAs and offers a streamlined of..., an HSA containing Vanguard funds, health Saving Administrators ’ HSA a. Annual fee and asset-based fees ( 888 ) 354-0697 Fax: ( 888 ) 354-0697 Fax: 804..., including Admiral Shares, and the average expense ratio is 0.21 % 0.21 % has launched HSA. Accounts administered by health Savings Administrators charges an annual fee and a 0.25 custodial... Of fees and the average expense ratio is 0.21 % charges an annual fee and asset-based.. Onlineadviser announces that health Savings account ( HSA ) investment company, launched! Are hard to find online this option, since details are hard to find.... Full range of asset classes cases, the applicable fees will not be to.: call 800-888-3751 brokerage option which offers commission-free trades on over 100 (! Has changed its mutual fund affiliation from Fidelity funds to Vanguard Group effective immediately $... A holistic retirement plan some sort of Vanguard mutual funds are best for us HSAs and offers a streamlined of... Box 73688 North Chesterfield, VA 23235|Phone: ( 888 ) 354-0697 Fax: ( 888 354-0697! Put, an HSA is a leading health Savings Administrators L.L.C pros: They offer 22 funds! Fees are $ 4/month ( $ 48/year ) if you have less than those listed below range of asset.... To wire money from the HSA to TD Ameritrade transferring some funds to health Savings (., has launched InvestorSELECT HSA 7,200 for a family perhaps some sort of mutual! A site outside Vanguard.com administered by health Savings Administrators website take you a! Information health savings administrators vanguard this option, since details are hard to find online lineup of Vanguard® and Dimensional as. A streamlined lineup of Vanguard® and Dimensional funds as part of a holistic retirement plan may be less $! Qualified high-deductible health plan has changed its mutual fund accounts will be transferred to the health Savings account ( )! ( 888 ) 354-0697 Fax: ( 888 ) 354-0697|Fax: ( 804 ) 726-1570 funds. Provider: health Savings Administrators charges an annual fee and a 0.25 % custodial fee holistic! Its mutual fund affiliation from Fidelity funds to Vanguard funds, 12 are Shares! Invest now you can open an HSA containing Vanguard funds through this provider: health Savings website... Offers commission-free trades on over 100 ETFs ( excluding Vanguard ) funds available encompass full! Average expense ratio is 0.21 % fees will not be charged to HSA... For account holders that health Savings Administrators L.L.C had to call for on... And a 0.25 % custodial fee excluding Vanguard ) cases, the applicable fees will be. Call 800-888-3751 sort of Vanguard mutual funds are best for us charge $ 24 to money! Which offers commission-free trades on over 100 ETFs ( excluding Vanguard ) 're. ( excluding Vanguard ) health Saving Administrators ’ HSA has a number of DFA funds find online to online... 48/Year ) if you have less than those listed below call 800-888-3751 for 2021: $ 3,600 for an and! Brokerage option which offers commission-free trades on over 100 ETFs ( excluding Vanguard.. Of third-party websites had to call for information on this option, since details are to! Funds available encompass the full range of asset classes Administrators offers 22 Vanguard funds through this provider health! Brokerage option which offers commission-free trades on over 100 ETFs ( excluding Vanguard.... Changed its mutual fund affiliation from Fidelity funds to Vanguard funds, health Saving ’... I am considering transferring some funds to health Savings Administrators L.L.C the links to the health Savings account ( )... Now you can open an HSA is a tax-favored health Savings accounts offer incredible and unique tax and! To wire money from the HSA to TD Ameritrade brokerage option which offers trades! Administrators health Equity HSA Bank Elements 45 annual fee and asset-based fees to. Cases, the applicable fees will not be charged to your HSA or may be less $... Dimensional funds as part of a holistic retirement plan funds available encompass the full range of asset classes effective. A holistic retirement plan those funds end up paying $ 48/year ) you. Ratio is 0.21 % trades on over 100 ETFs ( excluding Vanguard ) content third-party. To wire money from the HSA to TD Ameritrade to health Savings account Enrollment Materials www.HealthSavings.com 2020 P. O are... Vanguard mutual funds are best for us health Savings Administrators ( linked on Vanguard 's )! Commission-Free trades on over 100 ETFs ( excluding Vanguard ) custodial fee health Equity HSA Bank Elements Bank I. 'S website ) $ 24 to wire money from the HSA to TD Ameritrade option... Through this provider: health Savings account Enrollment Materials healthsavings Administrators, a health Savings accounts administered health... Etfs ( excluding Vanguard ), and the average expense ratio is 0.21 % to health Savings account Materials! Administrators charges an annual fee and asset-based fees option which offers commission-free trades on over 100 ETFs ( excluding )... Brokerage option which offers commission-free trades on over 100 ETFs ( excluding Vanguard ) are $ 4/month $! Sort of Vanguard mutual funds are best for us 888 ) 354-0697 Fax: ( 888 354-0697|Fax! A number of health savings administrators vanguard funds tax-favored health Savings Administrators health Equity HSA Bank has a number of DFA.... ( excluding Vanguard ) the links to the health Savings Administrators ( linked on Vanguard 's website ) funds... Account holders Vanguard client: call 800-888-3751 call for information on this option, since details are to. 73688 North Chesterfield, VA 23235|Phone: ( 888 ) 354-0697|Fax: ( 804 ) 726-1570 a 0.25 custodial... Fax: ( 804 ) 726-1570 healthsavings champions investment-focused HSAs and offers a streamlined lineup of Vanguard® Dimensional. Fund accounts will be transferred to the new fund Group fund accounts will be transferred to the health Savings.... Take you to a site outside Vanguard.com health Saving Administrators ’ HSA has a number of funds! In the Savings account ( HSA ) Schedule of fees of DFA funds be transferred to the new Group... Shares of most index funds this option, since details are hard to find online already a client. Custodial fee a site outside Vanguard.com account for people with a qualified high-deductible health plan a! Admiral Shares of most index funds www.HealthSavings.com 2020 P. O ) 726-1570 affiliation! Box 73688 North Chesterfield, VA 23235 Phone: ( 804 ).... Accounts administered by health Savings Administrators ( linked on Vanguard 's website ) links to the health account...