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Where to Get a Health Savings Account

Lively · April 10, 2018 · 2 min read

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You might already know the benefits of an HSA including the short-term tax-savings and the long-term tax-free growth. But where can you get a health savings account? Finding the right HSA today will only increase your savings potential, but also reduce wasted fee costs (or time stuck on hold with customer service).

Where Can I Get a Health Savings Account?

With over 2,000 HSA providers available on the market, from small banks to large public corporations, finding an HSA provider might be easier than you think. The real question is where can you find the best HSA provider?

Do your research. That time investment will pay off in the possible fees saved or investment options unlocked.

Is There one Place to Search and Compare HSA Providers?

It’s difficult to find one website that compares those 1,000s of HSA providers, but HSASearch.com might be the best bet. They compare fees and benefits so you can quickly research the best HSA provider.

Can I Transfer My Existing HSA?

Unlike other healthcare accounts, you own your HSA, for life. Just like a 401k or IRA, you can transfer your HSA funds to a new provider. There are a few different options, all of which have tax restrictions or implications. You can read more about those options (HSA rollover, HSA trustee-to-trustee transfer, IRA to HSA transfer and an in-kind investments transfer) here.

Now you know where to find (and compare) HSA providers. You can select the HSA platform that works best for you no matter your savings or investing strategy. Make sure when you review your HSA options your uncover any hidden fees, so you don’t need to switch providers year after year.

If you need more help with health account decisions, check out our blog. We will make you a healthcare benefits expert in no time, without any extra work or effort on your end.

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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