The benefits of investing
Once you have a minimum balance in your HSA (typically $1,000), you can open an investment account and start investing your HSA dollars. With an investment account, you can take advantage of the following benefits:
- Access to a diversified group of mutual funds, each professionally managed by an investment adviser
- Integration with Morningstar® research data
- 401(k)-like investment capabilities with no transaction fees for trading
- The ability to move money from your investment account back to your HSA if you need those funds for health care
Investments made simple
You can choose from a variety of mutual funds. And from the Inspira member website, you can:
- Transfer funds to and from your HSA.
- Create recurring transfers to automatically take place each week, month or quarter.
- View your investment account information, like investment balances, elections and recent transactions.
- Manage your investment account by exchanging your investments with other investments. Or rebalancing your current investments to a certain percentage