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Should you move the HSA, and how often?

Keep contributing at work if payroll saves you tax. This estimates when a transfer-out fee is earned back by a lower monthly fee, and by cash you would finally be allowed to invest. It does not tell you which funds to buy. Fee figures come from the sources described in our methodology.

Your current HSA

Workplace fees often differ from the public schedule. If a directory figure is not confirmed, the field stays blank until you type a number.

Start from a directory provider

Current monthly fee (required)

Fee to transfer out (required)

Current invest-from balance

Cash you must keep before more money can be invested. Leave blank if you don’t know.

Current cash rate

APY or the yield in the provider notes. Leave blank if it is not confirmed.

Where the money might go

Target provider

Target monthly fee (required)

Target invest-from balance

Not confirmed for Bank of America HSA. Enter the invest-from balance if you know it. We will not fill this in for you.

Target cash rate

Not confirmed for Bank of America HSA. Enter the cash rate if you know it. We will not fill this in for you.

Balance and timing

Balance you might move (required)

The amount that would leave the current HSA, not next year’s contributions.

Months until the next contribution cycle (required)

Use 0 if nothing is about to be deposited. Whole months only.

Assumed yearly return on newly invested dollars (required)

5% is a cautious planning guess for money that leaves cash and goes into funds. It is not a promise.

Sample only: a $3.95 workplace fee, $25 to leave, and $1,000 that must stay in cash, compared with Fidelity’s published $0 fee and $0 invest-from balance. Not your plan unless those numbers match.

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