10 Best Biggest HSA Providers in America

7. Select Account

Score: 15 points;

Assets under management: $1 billion (2 points);

Monthly maintenance fee: up to $4 per month (2 points);

Investing and trade fees: $18 per year (investing fee) and Schwab trading fees that go from $4.95 to $25 (3 points);

Investment options: 24 mutual funds, stocks, bonds and 2,500 funds via Charles Schwab (6 points);

Awarded for investment options by Investors (2 points);

Select Account, next in line on our list of best biggest HSA providers in America is offering a wide variety of investment options, including standard 24 mutual funds, various blue chip stocks, bonds and more than 2,500 additional funds available through the Charles Schwab Corporation. Such a huge investment offer requires diverse investing and trade fees. The regular investing fee is $18 on an annual basis, while the company also charges additional fees for trading through the Charles Schwab Corporation that can go from $4.95 to $25. Like most other HSA providers Select Account offers taxable income reduction, tax-free earnings (if used for covering medical expenses) and the distribution that is also not affected by taxation.

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