FREQUENTLY ASKED QUESTIONS

What is the cost to open a Health Savings Account (HSA)?

There is a non-refundable account setup fee of $50.

What is the annual record-keeping fee for my HSA?

The fee is $100 annually per asset and is due upon account funding.

What are the transaction fees?

$40 for any purchase, sale, exchange, payoff or re-registration of any asset or liability.

When am I invoiced each year?

On the anniversary of the account funding date.

Is there a termination fee?

Yes, $50 for a full account termination including a lump-sum distribution or transfer of assets.