Where Can Self-Employed Individuals Get an HSA?

Health Savings Accounts (HSAs) offer self-employed individuals a tax-advantaged way to save for medical expenses. If you're self-employed and interested in opening an HSA, you have several options to obtain one:

1. Online Financial Institutions: Many banks and credit unions offer HSAs that you can open online. Check out well-known financial institutions like

• Bank of America
• Chase
• Citibank

2. HSA Providers: Some companies specialize in providing HSAs and related services. These providers may offer more flexibility and features tailored to self-employed individuals.

3. Healthcare Marketplace: If you're eligible for a high-deductible health plan through the healthcare marketplace, you can open an HSA through the plan's chosen HSA provider.

4. Insurance Companies: Some insurance companies also offer HSAs as part of their health insurance products. You can inquire with your insurance provider about opening an HSA.

Before selecting an HSA provider, compare fees, investment options, customer service, and any additional perks they may offer. Ensure that the provider aligns with your financial goals and needs as a self-employed individual.

Health Savings Accounts (HSAs) are a fantastic option for self-employed individuals looking to manage their healthcare costs efficiently. By taking advantage of an HSA, you can not only save for medical expenses but also enjoy tax benefits that can help you save money in the long run.

1. Online Financial Institutions: Numerous banks and credit unions allow you to open HSAs online, making it convenient and accessible. Reputable institutions such as

• Wells Fargo
• HSBC
• US Bank

may also provide HSAs tailored for self-employed individuals.

2. Dedicated HSA Providers: Many companies focus solely on HSAs, offering various features like investment options and flexible spending arrangements. Providers like HealthEquity and Lively could be worth exploring to find the right fit for your needs.

3. Healthcare Marketplace Options: If you have obtained a high-deductible health plan (HDHP) through the healthcare marketplace or your state's exchange, you might be eligible to open an HSA through their specified provider.

4. Insurance Agencies: Some health insurance providers offer HSAs as part of their coverage plans. Don’t hesitate to ask your insurer about any HSA options available to you.

As you consider an HSA provider, make sure to evaluate their fees, the scope of investment options, the quality of customer service, and any additional features they might provide that align with your financial strategy.