You can manage your investments and make changes in your account. Read on to find out specific details to manage your HSA, or jump to a section with these links:
Managing your investments
In the HealthEquity online account, from the My Account tab, select Investments to access the investment desktop. There, you can:
Set up investment portfolio
Buy investments
Sell investments
Rebalance investment portfolio
View and research available funds
Set your target allocation
View fund activity
The HealthEquity mobile app allows you to manage your investments on-the-go. A few features are not available in the app and must be accessed from the investment desktop.
Setting investment targets
Below are steps to choose mutual funds to be included in your investment portfolio. This must be done before you can purchase shares of those funds.
1. From the My Account tab of the HealthEquity online account, choose Investments.
2. Click Manage Portfolio Targets.
3. Locate Funds you wish to include in your portfolio and enter a percentage in the Target % Allocation column on the right side of the screen.
Your target allocation must add up to 100%. The page will add your holdings for you at the bottom of the page.
The Save Targets button will be inactive until 100% is reached.
If you wish to rebalance at the same time as saving your targets check the Rebalance after saving targets box. This must be done before clicking Save Targets.
Target holdings must add up to 100%
4. Click the Save Targets button to submit your changes.
After saving targets you will be able to start buying shares.
Investments are subject to risk, including the possible loss of the principal invested and are not FDIC or NCUA insured, or guaranteed by HealthEquity, Inc. HealthEquity, Inc. does not provide investment advice. HealthEquity Advisors, LLC™, a wholly owned subsidiary of HealthEquity, Inc. and an SEC-registered investment adviser, provides web-based investment advice to HSA holders that subscribe for its services (minimum thresholds and additional fees apply). Registration does not imply endorsement by any state or agency and does not imply a level of skill, education, or training. Investing may not be suitable for everyone and before making any investments, review the fund’s prospectus.
Selling HSA investments
Below are steps to sell shares that you have purchased with funds from your health savings account (HSA). You must sell all shares to transfer your HSA to another custodian.
1. On the home page of the HealthEquity online account, scroll down to investments:
2. Confirm that your investments are ready to be sold by reviewing the following information:
If your market value is $0, there are no funds currently invested.
If you have a 'Service Level' of 'AutoPilot' and want to sell funds, but continue receiving advice, you will need to switch to the 'Service Level' of GPS.
If you intend to sell all shares but have a 'Service Level' of AutoPilot, you need to switch to GPS or cancel Advisor™ before continuing this process.
3. Click the Investment Desktop button.
4. Select the Trade tab.
5. There are two options for selling funds:
To sell individual funds
Locate the box titled Trade.
Click the View Available Trades button.
Review the list of funds in your portfolio. Any funds with a 'closing value' over $0 can be sold.
Choose Sell from the drop-down box to the right of each individual fund you are selling. Investors will receive the net asset value (NAV) on the date of trade execution.
To liquidate your entire position in the individual fund, choose Sell All instead.
Click the Review Trades button near the bottom of the screen.
Confirm your trades on the next screen and click Submit Trades.
Sell funds based on target holdings
Locate the box titled Sell using my estimated % holdings.
Enter the total amount you wish to sell in the Amount to sell box.
Click Review Trade.
Confirm your trades on the next screen and click Submit Trades.
Trades will be executed and settled as cash in your HSA within five business days.
Note: Trades are not placed until you complete the above steps.
Investments available to HSA holders are subject to risk, including the possible loss of the principal invested and are not FDIC or NCUA insured, or guaranteed by HealthEquity, Inc. HealthEquity, Inc. does not provide investment advice. HealthEquity Advisors, LLC™, a wholly owned subsidiary of HealthEquity, Inc. and an SEC-registered investment adviser, does provide web-based investment advice to HSA holders that subscribe for its services (minimum thresholds and additional fees apply). HealthEquity Advisors, LLC also selects the mutual funds offered to HSA holders through the HealthEquity, Inc. platform. Investing through the HealthEquity investment platform is subject to the terms and conditions of the Health Savings Account Custodial Agreement and any applicable investment supplement. Registration does not imply endorsement by any state or agency and does not imply a level of skill, education, or training. HSA holders making investments should review the applicable fund’s prospectus. Investment options and thresholds may vary and are subject to change. Consult your advisor or the IRS with any questions regarding investments or on filing your tax return.