Meet Mary

You may not have many medical costs now, but how do you know that won’t change down the road? The short answer: You don’t.

Since some physical decline is a normal part of aging, it’s reasonable to assume you may have more medical costs as you age. To be prepared, consider your health savings account (HSA).

Once you reach your investment threshold or the designated balance for your HSA, you can invest part of your savings in mutual funds. These investments may be a financial growth strategy for you and help pay for health care costs now and in the future.

See how investing worked for Mary.

Mary’s story*
Mary is single, in her late 30s, and lives a generally healthy lifestyle. She teaches grade school for Nevada public schools. In her free time, she loves trying new recipes from her favorite health magazines.

A few years ago, Mary joined a weight-loss program and dropped a lot of weight. She’s stayed the course, working to eat right and exercise. She walks and bikes regularly with her two best friends – also elementary school teachers in Nevada.

Mary feels fortunate to be in good health now. But she sometimes worries about her health in the future. Her parents have health problems and she knows some of their medical bills have been high.

Mary’s financial situation, health costs and HSA
Nevada has no state income tax, and Mary is in the 25 percent federal tax bracket. For the past five years, she’s had a high-deductible health plan and an HSA.

She's contributed about $2,500 to her HSA each year. However, she’s only used about $1,000 per year for qualified medical expenses, like prescription drugs and eyeglasses.

Today, Mary’s HSA is worth $7,782 after paying about $5,000 for qualified medical expenses. She has saved nearly $2,200 in taxes for contributions and interest earnings.

Mary's decision to invest
After talking to her financial adviser, Mary chose to invest all of her funds over $2,000 (her investment threshold) in mutual funds. She’s happy with her decision. Mary now has peace of mind, knowing she’s saving money for potential future health care costs.

If you’re interested in learning more about our investment options, you can call our customer service professionals at the number listed on the back of your HSA debit card.

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* Hypothetical example is for illustrative purposes only. All events, persons and results described herein are entirely fictitious and amounts will vary depending on your unique circumstances. Any resemblance to real events or persons, living or dead, is purely coincidental. Current rates are variable and may change at any time. Consult a qualified legal, tax or financial advisor for your specific situation. Example presumes an unchanging APY of 1.00% over five years. Interest rates may vary over time and may be higher or lower than the example shows. Fees may reduce earnings on account.


* Investments are not FDIC-insured, are not guaranteed by Optum Bank and may lose value.

Health savings accounts (HSAs) are individual accounts offered by Optum BankSM, Member FDIC, and are subject to eligibility and restrictions, including but not limited to restrictions on distributions for qualified medical expenses set forth in section 213(d) of the Internal Revenue Code. State taxes may apply. This communication is not intended as legal or tax advice. Please contact a competent legal or tax professional for personal advice on eligibility, tax treatment, and restrictions. Federal and state laws and regulations are subject to change.