Margaret Giles and Greg Carlson from Morningstar led this webinar for financial advisors on selecting the best Health Savings Account (HSA) providers for 2024. They explored top-rated HSAs, comparing key providers like Fidelity, HealthEquity, and HSA Bank, while offering insights on fees, interest rates, and investment strategies to help advisors maximize their clients' tax benefits and long-term healthcare savings.
HSA Resources
▪ https://www.morningstar.com/personal-finance/best-hsa-providers
▪ https://www.morningstar.com/lp/hsa-landscape (full report download)
▪ https://www.morningstar.com/personal-finance/hsa-vs-fsa-how-choose-one
▪ https://www.morningstar.com/personal-finance/can-you-save-too-much-health-savings-account
▪ https://www.morningstar.com/personal-finance/what-happens-your-hsa-retirement
▪ https://www.morningstar.com/personal-finance/how-find-best-health-savings-account
▪ https://www.morningstar.com/personal-finance/dont-settle-subpar-health-savings-account
Good information regarding the number and quality of the HSA Providers currently in business
- Patrick E.
I learned a great deal of general information about HSAs and more specific information about providers - key objectives of the webinar. The drill-down into individual providers was unexpected and welcome.
- Mark Z.
I learned about the 6 month look back period in the year that one files for Medicare.
- Susan B.
Remembering to have the client spend it down post age 65 and well before their life expectancy; previously I hadn't considered that.
- David H.
There are a lot of options for self-directed HSA providers. HSA's do not go to beneficiaries like other qualified accounts and so should be withdrawn before death of both spouses.
- Aaron S.
Attendees Comments:
Good information regarding the number and quality of the HSA Providers currently in business
- Patrick E.
I learned a great deal of general information about HSAs and more specific information about providers - key objectives of the webinar. The drill-down into individual providers was unexpected and welcome.
- Mark Z.
I learned about the 6 month look back period in the year that one files for Medicare.
- Susan B.
Remembering to have the client spend it down post age 65 and well before their life expectancy; previously I hadn't considered that.
- David H.
There are a lot of options for self-directed HSA providers. HSA's do not go to beneficiaries like other qualified accounts and so should be withdrawn before death of both spouses.
- Aaron S.