You have until April 15, to make a tax-deductible contribution to your HSA. Get started Log In Required. Never 'use-it-or-lose-it,' an HSA is one of the best ways to save for qualified medical expenses, and any earnings are tax-free. Open an HSA. A health savings account HSA is a tax-advantaged account you can use in conjunction with an HSA-eligible health plan to pay or save for qualified medical expenses.
Get started. What to save where? Check out the article Money milestones to aim for in your 30s, 40s, 50s to help grow your financial stability. Investment services may be provided by third-party firms. Read any fund's prospectus carefully. An important difference is that bank sweep products have FDIC protection, which guarantees principal and interest within limits; and money market funds and non-bank default sweep products do not.
See more information about safeguarding your accounts. The Fidelity fund yield is the average amount earned by the fund after expenses over the past 7 days per date indicated and annualized. The comparison APY is the amount of total interest earned on a bank product in 1 year. Please carefully consider ALL fees, features and characteristics for each account carefully. Higher HSA balances may have higher rates. Enhanced Rates options consists of interest-bearing group annuity contracts issued by participating insurance companies for the customer's HSA cash balance.
Principle and interest are subject risk of loss and not covered by deposit insurance. Interest rates are subject to change. Annuity guarantees are subject to the claims-paying ability of the Issuing insurance company. There may be funds that require a minimum amount to invest, but Fidelity does not require a minimum to start investing.
Named for widest investment options, low fees, best savings rates, and zero investment threshold 5. With an HSA you get a triple-tax advantage 1 to help you save money. All your HSA contributions are tax-free, whether pre-tax through your paycheck or after-tax contributions. You can estimate your future health care expenses and how much you may want to save by trying our health savings account calculator. You're eligible to open and contribute to an HSA if you have a high-deductible health plan.
