Does Fidelity Pay Interest on HSA Accounts?

When it comes to Health Savings Accounts (HSAs), many people wonder if financial institutions like Fidelity offer interest on these accounts. The simple answer is yes, Fidelity does pay interest on HSA accounts, providing a way to grow your savings while keeping funds for medical expenses.

Having interest on your HSA account can help you maximize the benefits of this tax-advantaged savings tool. Here are some key points to consider:

• Interest rates may vary depending on the specific HSA account and the current market conditions.
• Interest earned on HSA accounts is typically tax-free, making it a great way to save for future medical expenses.
• Fidelity offers a range of investment options for your HSA funds, allowing you to potentially earn higher returns over time.

Overall, having an interest-earning HSA account with Fidelity can be a smart financial move, providing both savings for healthcare costs and an opportunity for growth. Make sure to check the current interest rates and investment options available through Fidelity to make the most of your HSA account.

Have you ever wondered if financial institutions like Fidelity pay interest on Health Savings Accounts (HSAs)? If so, you're in luck! Yes, Fidelity does offer interest on HSA accounts, allowing you to grow your savings as you prepare for future medical expenses. This feature is just one of the many advantages of using an HSA.