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Personalize Investments with HSA Guided Portfolio

Lively · August 5, 2020 · 2 min read

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One of the most unique and valuable benefits of owning an HSA is the option to invest your funds tax-free. Yet, it’s often underutilized, due to restrictive investment thresholds and clunky experiences. Now, we have partnered with Devenir to bring a second investment solution to our account holders.

A simple, low-effort way to invest

HSA Guided Portfolio by Devenir, a national leader in investment solutions for health-based accounts, guides you in designing a well-diversified portfolio that’s tailored to your personal profile, risk preferences, and financial goals. HSA Guided Portfolio employs a low-effort investing strategy that optimizes for maximum long-term returns. And the automatic rebalancing feature keeps your portfolio on track over time with no action needed from you.

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How it works

  • Answer a few questions about yourself to receive a suggested portfolio mix

  • Choose from a curated menu of diverse, low cost funds

  • Deposit funds from your HSA to invest

  • Enable automated features, such as rebalancing and recurring transfers

  • Monitor your investments directly from your Lively account

HSA Guided Portfolio is securely integrated into your Lively HSA experience, and there is no cash minimum requirement to start investing.

Build toward your financial goals

Accessible HSA investing has never been more important. Approximately 1.2 million Americans were investing a portion of their HSA dollars at the end of 2019, and invested HSA assets are expected to exceed $20 billion in 2021*. Adding HSA Guided Portfolio to our robust investment platform is just another way Lively is working to always deliver you the most innovative HSA experience and help your health savings work harder.

Read more about our investment solutions.

* Devenir. “2019 Year-End Devenir HSA Research Report.” March 2020.

Lively

Lively

Lively is the modern HSA experience built for—and by—those seeking stability in the ever-shifting healthcare landscape. By harnessing modern innovation and deep industry expertise, Lively is committed to bridging today’s savings with tomorrow’s unknowns. Unlike traditional institutions hindered by bureaucracy, Lively’s commitment extends beyond initial set up to providing dedicated, ongoing support and education for every step. So each HSA can reach its maximum potential with minimal headache.

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Benefits

2023 and 2024 HSA Maximum Contribution Limits

Lively · May 16, 2023 · 3 min read

On May 16, 2023 the Internal Revenue Service announced the HSA contribution limits for 2024. For 2024 HSA-eligible account holders are allowed to contribute: $4,150 for individual coverage and $8,300 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.

comparing hsa versus fsa

Benefits

What is the Difference Between a Flexible Spending Account and a Health Savings Account?

Lauren Hargrave · February 9, 2024 · 12 min read

A Health Savings Account (HSA) and Healthcare Flexible Spending Account (FSA) provide up to 30% savings on out-of-pocket healthcare expenses. That’s good news. Except you can’t contribute to an HSA and Healthcare FSA at the same time. So what if your employer offers both benefits? How do you choose which account type is best for you? Let’s explore the advantages of each to help you decide which wins in HSA vs FSA.

Benefits of HSA employer matching

Health Savings Accounts

Ways Health Savings Account Matching Benefits Employers

Lauren Hargrave · October 13, 2023 · 7 min read

Employers need employees to adopt and engage with their benefits and one way to encourage employees to adopt and contribute to (i.e. engage with) an HSA, is for employers to match employees’ contributions.

Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.

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