Jun 06, 2022

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Improved HSA investment options

On July 1, 2022, we’ll launch the WealthCare Saver investment solution – a new health savings account (HSA) investment platform that will make it easier for investors of every experience level to work toward their long-term financial goals.

It will provide a modern investment experience with features and functionality not previously seen in HSAs.

• Employers will be able to provide employees with an integrated, modern HSA investment solution that not only helps them understand the value of investing but also helps them work toward their long-term investing goals.
• Whether their employees are new to investing and seeking a guided experience, or seasoned investors looking to research and trade stocks and ETFs available on the platform, employers will be able to offer an HSA investment journey that is aligned with their individual needs.

If an employee has an existing HSA investment account, we will liquidate their funds on August 25, 2022, and disburse those funds into their HSA cash account. Starting September 1, 2022, they can open a new WealthCare Saver investment account. We will notify them 30 days before the liquidation occurs.

We will be providing guidance and updates to affected members starting July 1, 2022, and continuing through September 2.