HSA holders-Vanguards Newly suggested, Health Equity

[Time2]

Vanguards suggested HSA holder, 'Further' is now changing to 'HealthEquity'.
I have had Further and just wondering what others are doing during this change? Going with the flow or picking a new company, and what company?

 

[teej1985]

Vanguards suggested HSA holder, 'Further' is now changing to 'HealthEquity'.
I have had Further and just wondering what others are doing during this change? Going with the flow or picking a new company, and what company?

I thought everyone was using Fidelity at this point unless they were stuck somewhere else due to employer.

 

[qwerty3656]

+1 Fidelity. You can invest in whatever you want. Easy to fund and withdraw money. No cost.

 

[easysurfer]

Count me as another now with Fidelity.

Not only were the fees too high for me when I was with HealthEquity, but they have this rule (at least when I was there) that for reimbursements, a requirement is the show receipts for medical expenses .

Of course I keep my own receipts and records in case the IRS asks for proof. But I've never seen the "show me the receipts" thing with other HSAs.

 

[pb4uski]

+1 Fidelity. You can invest in whatever you want. Easy to fund and withdraw money. No cost.

+3 We have had our HSAs with Fido since December 2016.

 

[audreyh1]

Health Equity sounds like the old company I left.

 

[Midpack]

Health Equity sounds like the old company I left.

My HSA was Health Equity, but I exhausted those funds several years ago, so I don't know much about them anymore. They were fine as an HSA admin during the years I used them.

 

[Time2]

OK, I'll look into Fidelity, I have never had a Fidelity account. Have been with Vanguard, Scotttrade, TD Ameritrade >$95 exit fee :-( < and IBKR and our HSAs at Further. Now only Vanguard and IBKR, and maybe the move to Fidelity.
Thanks all, I didn't know Fidelity held HSAs.

 

[Kings over Queens]

Vanguards suggested HSA holder, 'Further' is now changing to 'HealthEquity'.
I have had Further and just wondering what others are doing during this change? Going with the flow or picking a new company, and what company?

I'm with Heath Equity. They require $500 in cash holdings and charge small fees on the investment side. Honestly, I never considered switching but see that Fidelity has been mentioned, so I'll look.

 

[DektolMan]

I also switched from Health Equity to Fidelity and am very happy.

 

[Aerides]

I had HE thru my employer and they were difficult to deal with. Investment options were ok.

Just go Fido if you have other stuff there too, quite easy.

 

[Willers]

I switched from HSA Authority to Fidelity this year and couldn't be happier. I have likened dealing with HSA Authority to banking in the 70's. Everything was manual. Getting the money out was an ordeal, but several phone calls finally got it done.

 

[sengsational]

Not quite everything with Fidelity HSA is great. I'm minorly annoyed by the lack of a monthly statement when there are no trades (interest income doesn't count). I'm sure my personal record keeping is way over the top, but I update my system every month to match the statement (mark to market). Can't do that if they don't generate a statement. I called, and they said it wasn't possible to turn on monthly statements. But I like not paying the several bucks a month that most HSA custodians charge.

 

[ransil]

what happens if I have HE with the vanguard investment funds, do I need to sell them or can I transfer them to FIDO?