Choose an HSA With Good Long-Term Investing Options
You can open an HSA with any administrator – as long as you have an HSA-eligible health insurance policy – and get a tax deduction for your contributions. If you plan to keep the money growing for the future, look for an HSA administrator that offers a portfolio of mutual funds for long-term investing and has low fees. HSAs are available through many banks, brokerage firms and other financial institutions.