How to invest with HSAs

Your Optum Bank Health Savings Account is a smart way to pay for qualified medical expenses, with significant tax advantages.  But did you know your HSA can play an even greater role in your overall wealth and retirement strategy? That’s because once your HSA reaches a certain designated balance, you may choose to invest a portion of your HSA dollars in mutual funds.*

How to transfer funds into an investment account

Once eligible, you can transfer money from your HSA to your investment account by logging in to your account. Before you do that, you might want to review our HSA investment guidelines.

You may also want to set up recurring transfers/sweeps. That way, funds that exceed your threshold will automatically be transferred to your investment account.

How to maintain your investment account

When you set up your investment account, you'll choose how you want the funds to be allocated among the available mutual funds. Once your account is established, you can change your investment elections, transfer funds and rebalance your account.

Redeeming your investments

Before you can use funds from your investment account to pay for qualified medical expenses, they'll need to be transferred back to your HSA deposit account.

Non-investment interest rates

Unrelated to mutual funds, your HSA may earn interest at tiered rates, with interest accrued daily and paid monthly. Log in to your account to see your current interest rate, located on your monthly statement.


Manage your investments, view statements, make payments, and more when you log in to your account using our secure website.
 Log in now


Take a Health Savings Checkup to see how much health care could cost you when you retire. You'll also get a plan to help you:

  • Stay healthy
  • Spend less on health care
  • Save more for your future

 Start your five-minute Health Savings Checkup now

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