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Author: amgentech Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75642  
Subject: Re: What's the best HSA Adminisrator? Date: 2/9/2014 12:16 PM
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elfcu looks pretty good.

Note that the threads discussing HSAbank have some wrong info.

You are not required to maintain a minimum balance in the cash account to start investing. The 3.00 investment account fee is waived if you do. The current min balance for fee waiver is $4925

http://www.hsabank.com/hsabank/accountholders/investing-hsa-...

No minimum HSA balance is required to start investing
(Minimum trade requirements may apply)
•Start investing when and how you want to; there are no
proprietary or default investments based on your HSA balance
•$3 monthly investment fee waived for HSA accounts with
$4,925* minimum daily balance


I also noted that ELFCU does require 2500 in the cash account before you can start investing.

http://www.elfcu.org/clientuploads/2013ElfcuHSAWelcomeKit.pd...

In order to enroll in the investment program, you
must have an account balance of at least $2,500 in
your HSA at the time of enrollment.


Overall it looks like it might be a little cheaper to go with elfcu. It depends on if you can earn more that 3.00 a month on the additional $2500 invested.
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