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Margaret Giles
A Guide to Selecting an HSA Provider
Guest Expert: Margaret Giles and Greg Carlson

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

Please note: Quiz is for informational purposes only. It is not eligible for Continuing Education (CE) credit. Please click here if you would like to view our CE-eligible self-study courses.

A Guide to Selecting an HSA Provider 01-29-2025

Attendees Rating:

Excellent (87%)
Average (13%)
Below Average (0%)

Attendees Comments:

A few comments from listeners when they were asked what the learned from the webinar:

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 HSA's do not go to beneficiaries like other qualified accounts and so should be withdrawn before death of both spouses.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.

missy@financia…

Wed, 01/29/2025 - 10:26

Comments
A few comments from listeners when they were asked what the learned from the webinar:

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.