Grow Your Health Savings Smarter

Take Your HSA Further When You Invest it

Put your unused HSA dollars to work with flexible investment options designed for long-term growth. When you’re ready, your money is still within reach for the healthcare expenses that matter most.

Invest Your HSA

Man in gray sweater looking at the camera

When You Enroll, Your HSA Starts Working Smarter

Put Your Extra Savings to Work

Invest funds beyond your everyday needs and grow your balance over time.

Choose How You Invest

Select from a range of funds that align with your goals and comfort level.

Stay Flexible When It Matters

Move funds back when needed to cover eligible healthcare expenses.

Build for What’s Ahead

Prepare for future medical costs with a strategy that grows with you.

How to Start Investing Your HSA Funds

Enroll in MyHSAInvestments.com

Head to MyHSAInvestments.com and begin your quick account setup.

You must have an active Independent Bank HSA Account First.

Choose How You Invest

Enter your Independent Bank HSA details and choose your initial investment preferences.

30+ Mutual Fund Choices
(View funds offered)

Wait for Verification

Your account details are securely reviewed to prepare your transfer.

Funds Are Transferred & Invested

Your HSA dollars move into your investment account and begin working for you.

HSA Investment FAQs

Answers to common questions about investing your HSA funds with MyHSAInvestments

Is my money invested through my HSA investment account insured?

No. Mutual funds are not insured or guaranteed by Independent Bank or IB Wealth Management. Mutual funds may lose value, and it is your responsibility to understand the risks of investing your HSA funds. If you have questions, you may want to speak to your investment advisor.

Are there any minimum funding amounts for an HSA investment account?

Yes, you need to maintain a $5,000 balance in your Independent Bank HSA account. Funds beyond that may be transferred for investment. You may start your HSA Investment account with $0 or any transfer amount over $100.

How do I move money from my HSA to my HSA investment account?

To move money from your HSA into your HSA investment account:

1. Click on Move Money from the Invest menu and select To Investments.

2. Enter the dollar amount you would like to transfer from your HSA to your HSA investment account.

3. Use the 'Submit Request' button to complete your request.

Note: Trades resulting from requests to move from your HSA to your HSA investment account made prior to 1 pm (ET) on a trading day will be processed the next trading day. Trades resulting from requests to move from your HSA to your HSA investment account made after 1 pm (ET) on a trading day will be processed within 2 trading days.

How do I move money from my HSA investment account back to my HSA?

In order to move money from your HSA investment account back to your HSA:

1. Click on Move Money from the Invest menu.

2. Enter the dollar amount you would like to transfer from your HSA investment account back to your HSA.

3. Use the 'Submit Request' button to complete your request. Your HSA investments will be liquidated on a pro-rata basis based upon your balance by fund to generate the cash to complete the request.

How often can I make changes to my HSA investments?

You may make changes to your HSA investment account as often as you choose, but please be aware, some funds may charge short-term redemption fees or institute trading blocks to prevent market-timing practices.

Can you help me select how to invest my HSA?

No, your HSA investment is self-directed. This means that you choose the investments that are right for you and your goals. To help you make selections, educational resources and tools are available via the Tools and Education page.

Do any additional fees apply to transactions requested through my HSA investment account?

Your HSA investment account does not charge a fee for transactions you request through your HSA investment account.

Is there a fee for having an HSA investment account?

Yes. HSA investment accounts are subject to an annual asset-based fee of up to 0.50% of assets under management. This includes:

0.25% paid to myHSAInvestments for investment platform access, portfolio management, and related services

0.25% paid to Independent Bank for program administration, account servicing, and support

This fee is typically assessed quarterly and will reduce the overall return on your investment account.

In addition, underlying investments such as mutual funds or ETFs may charge their own internal expenses, which are separate from and in addition to the program fee.

HSA investment accounts are subject to an annual asset-based fee of up to 0.50% of assets under management. This fee includes:
0.25% paid to Devenir for investment platform access, portfolio management, and related services; and
0.25% paid to Independent Bank for program administration, account servicing, and support.

These fees are typically assessed on a quarterly basis and will reduce the overall return on your investment account.

In addition to the program fee described above, underlying investments (such as mutual funds or ETFs) may charge their own internal expenses, which are separate and in addition to the stated program fee.

Important Information: Investments are not deposits, are not insured by the FDIC or any federal government agency, are not guaranteed by Independent Bank, and may lose value.

Clients should carefully consider their investment objectives, risks, charges, and expenses before investing. Additional information regarding fees and expenses will be provided in the applicable account agreements and investment disclosures.