Heath Savings Account for 2023

[AlaskaHunter]

Looking to start an HSA for my wife.
Right now either Fidelity or Lively is what we are thinking for investment.

Any thoughts?

 

[Beignet]

I’ve used Lively for a few years now with zero complaints. Set it to auto deduct every week and max it out every year.

It’s helped fatten up my tax refunds nicely since I started using it. Not sure why everyone who qualifies doesn’t use an HSA. Paying taxes on health care costs is major BS.

 

[David58]

The 401k from my previous employer is in Vanguard (as IRA). I have used Fidelity since I took this new job. I am becoming un-enamoured with Vanguard, but that is not because of investment funds or returns. I think Fidelity would be fine, or Lively for that matter - it's more where you put it than the fund manager. Our HSA went out as fast as it came in (I think we have about $4K after five years or so), so never really considered investing it. I will now, but it will be something very conservative, am at the age where principle preservation is more important that growth.

David
NM

 

[jryoung]

Either is probably fine, I have an old HSA from when I was our insurance holder that is through Cigna that is through HSA Bank.

Now that my wife is primary, through Anthem it goes through a company called "Betterment". Not as happy with this group and the investments are pretty lackluster, but we are swapping insurance for our company starting tomorrow.