Video Transcript: Optum Bank - Investing with an HSA

(OPTUMBank® logo)

Your Optum Bank Health Savings, or HSA, is a smart way to pay for qualified medical expenses with big tax advantages.

But did you know you can also choose to invest your HSA dollars to help grow your savings?

(Graphic of money growing on tree)

Once your HSA reaches a certain designated balance, also known as the investment threshold, you can choose to invest a portion of your HSA dollars into mutual funds. After you surpass the investment threshold, you choose which mutual funds are right for you.

Then, there are a few ways you can invest.

First, you have the option to make a one-time transfer to purchase your desired mutual funds. These can be made as often as you’d like but must be over $100.

Second, you have the option to automatically transfer contributions to your investment account, also known as sweeping funds.

You determine at what balance you want your funds to automatically be swept into your investments. It’s easy to do!

(Graphic of dials of numbers continuously moving)

Keep in mind that $100 is the minimum amount that can be transferred to your investment account.

In other words, your HSA cash balance will need to meet the investment threshold plus $100 before you can invest.

Once invested, you can shift your money around to various funds, or rebalance your portfolio at any time. You can even transfer money between your primary HSA and your investment account

Let’s say that you need to pay for a qualified medical expense and don’t have enough money in your HSA to cover it. No problem!

It’s easy to move money from your investment account back into your HSA cash account.

Just keep in mind that if the payment of that expense brings the balance of your HSA below your investment threshold, you won’t be able to make another investment until you surpass that designated threshold amount.

You can manage your investments and review account balances and transactions anytime by logging into your account online.

Saving smart has never been this easy!

Invest in your future with your (OPTUMBank® Health Savings Account.

((OPTUMBank® logo)

Visit optumbank.com to learn more.

Disclaimer: Investments are not FDIC insured, are not guaranteed by (OPTUMBank®, and may lose value.

Mutual fund investment options are made available through the services of an independent investment advisor. Shares are offered through Charles Schwab & CO., Inc., a registered broker-dealer. Orders are accepted to effect transactions in securities only as an accommodation to HSA owner. Optum Bank is not a broker-dealer or registered investment advisor and does not provide investment advice or research concerning securities, make recommendations concerning securities, or otherwise solicit securities transactions.

Heath savings accounts (HSAs) are individual accounts offered or administered by (OPTUMBank®, Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. State taxes may apply. Fees may reduce earnings on account. This communication is not intended as legal or tax advice

 © 2017 Optum, Inc. All rights reserved. PR1553 65978-062017