What Types of Investments are Available in an HSA?

When it comes to Health Savings Accounts (HSAs), many people are not aware that they can be used as investment vehicles to grow their savings over time. Understanding the types of investments available in an HSA is crucial for maximizing its potential benefits.

Here are some of the common types of investments that are typically available in an HSA:

• Individual Stocks
• Mutual Funds
• Exchange-Traded Funds (ETFs)
• Certificates of Deposit (CDs)

Investing in these options can help individuals potentially earn higher returns on their HSA funds compared to leaving them in a standard savings account.

When it comes to managing your healthcare expenses, Health Savings Accounts (HSAs) not only provide some tax benefits but can also serve as effective investment tools. If you're looking to grow your savings beyond mere deposits, exploring different investment options available within an HSA is key.

Some of the popular investment choices you might consider include:

• Individual Stocks
• Mutual Funds
• Exchange-Traded Funds (ETFs)
• Certificates of Deposit (CDs)

By diversifying into these investments, you stand a chance to earn potentially greater returns, making your HSA work harder for you over time.