We named Fidelity the best overall health savings account provider be🌼cause it excels at almost every feature that’s important for an HSA.

Best for Low Fees

Fidelity doesn’t charge many of the fees other HSA providers charge, including those for m𒁏onthly maintenance, account rollovers, excess contribution returns, card replacements, or paper statements. 

The only fees you might pay are: 

• Underlying management fees for funds you choose
• Fees associated with options 
• Fees your employer passes on to you
• Fees for a Fidelity Go HSA, a managed account 

Even the Fidelity Go HSA only charg𝓡es a fee (0.35%)▨ once your HSA account balance reaches $25,000 or more. 

Best for Investment Options

You have more investment options with a Fidelity HSA than any other provider, Investopedia found. Choices include a wide range of stocks (including fractional shares), bonds, mutual funds, and 澳洲幸运5开奖号码历史查询:exchange-traded funds (ETFs). Fidelity also has index funds with no expense rati✤o. In all, there are more than 10,000 inv♍estments to choose from. 

There are even two funds designed specifically for HSA investing: the Fiꦿdelity Health Savings Fund—a mix of actively managed and index funds—and the Fidelity Health Savings Index Fund. However, these bot𝐆h come with management fees. 

Best for No Minimum Balance Required

Most HSAs require you to have a minimum amount of money in your account before you can start investing. It’s typically $500 or $1,000 but can go 💞as high as $2,000. You can only invest amounts above that minimu𝓀m; the rest of it just sits in your account. Some providers, such as Lively, waive balance requirements if you pay a fee. 

Fidelity requires no minimum balance to start investing, and there’s no fee for the self-directed HSA. That means you can start investing as soon as you hav🀅e any money in your account.

If you w𒀰ant Fidelity to manage your HSA funds, t🔯here is a very low $10 minimum deposit required for the Fidelity Go HSA. 

Best Spending Account

If there is uninvested money in your HSA account, you will usually earn some kind of interest on it. Fidelity offers a far higher interest rate than any of its HSA competitors. While it’s not competitive with 澳洲幸运5开奖号码历史查询:top high-yield savings accounts, it alloܫws your cash to earn more than you could with any other HSA account provider or any standard savings ac🉐count.

In addition to its high interest rates, Fidelity’s HSA offers other benefits, making it an excellent spending acco🐲unt. You’ll get an HSA debit card, which is standard for most HSAs. You can also pay medical bills directly with Fideli🎀ty Bill Pay or reimburse yourself for expenses you’ve covered.

Lively is a good alternative to Fidelity if you prefer to work with an HSA specialist rather than a large brokerage. Its self-guided Schwab Health Savings Brokerage Accouꦑnt,▨ which has a wide selection of investments to choose from, requires no minimum balance to invest if you pay a $24 annual fee (waived if clicking through our link on this page). To skip the fee, you’ll need to have at least $3,000 in your account. 

The Schwab account has a large range of investment options. They include more than 8,500 mutual funds, stocks, bonds, and 澳洲幸运5开奖号码历史查询:exchange-traded funds (ETFs). There’s also a managed 🍬account with a 0.50% fee.

HealthEquity is the best provider if you want a choice of advisory services to help you invest your HSA funds. The com💜pany offers three investment options. One is a self-directed account, and the other two offer more help. 

The AutoPilot option is a full-service 澳洲幸运5开奖号码历史查询:robo-advisor that may be a fit if you want a hands-off approach to investing. Based on information you supply about your risk profile and goals, it will automatically🐈 build and rebalance your portfolio. 

If you prefer a hybrid approach, y🥃ou can choose the GPS option. Like AutoPilot, GPS suggests investments based on your answers to a few questions. However, it’s up to you whether to choose those investments and how to hand🔥le your account in the future.