HSA Investment Options - ConnectYourCare · HSA Investment Options . onnectYourare’s Health...
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HSA Investment Options ConnectYourCare’s Health Savings Account (HSA) not only helps you take control of your health care, but it also provides you with the opportunity to earn money through interest and investments. ConnectYourCare has partnered with BNY Mellon Investment Servicing (U.S.) Inc. to bring you compeve interest rates and investment opons for your HSA. ConnectYourCare also gives you the ability to view your interest payments and manage your investments directly from your online account, making it easy to take control of your account benefits. Interest Earnings You will earn interest on your HSA balance from day one. And the more you save, the more you earn. To view your interest rate, log into your online account and click on the Investments link. Investment Opons A variety of investment opons are available for your HSA funds as long as you maintain a balance of $1,000 in the FDIC-insured, Interest-Bearing Bank Poron (Bank Poron) of your HSA. Once your balance reaches $1,000, you will have the opon of invesng in a suite of mutual funds, none of which have a minimum investment requirement. There are no trading or brokerage fees. If you do not choose to invest your HSA contribuons, all of your money will be automacally deposited into the FDIC insured bank poron of your HSA. Investment Benefits Seamless integraon to the investment portal from the ConnectYourCare online account through single sign-on (SSO) Variety of mutual funds in many asset classes No fees associated with transacons Ability to easily adjust holdings in various funds, by dollar amount or percentage Ability to set up automac investment of future contribuons in pre-selected percentages There are two ways to invest: Reallocate exisng balances – employees can transfer exisng balances from the liquid poron of the HSA into mutual funds provided $1,000 remains in cash. Automacally invest future contribuons – once an employee’s balance reaches $1,000, the employee can allocate 100% of future contribuons among various investments or can specify a percentage of future contribuons to go to the cash account and the rest allocated among investments. A sample of mutual funds offered include: HSA Interest & Investment Opons ACMVX - American Century Mid Cap Value ARTSX - Arsan Small Cap Fund DODFX - Dodge & Cox Internaonal Fund DODIX - Dodge & Cox Income HABDX - Harbor Bond Fund MGIDX - Managers Intermediate Duraon MWTRX - Metropolitan West Total Return Bond NBRVX - Neuberger Berman Mid Cap NYVTX - Davis New York Venture OPMSX - Oppenheimer Small & Mid Cap PARSX - Parnassus Small Cap PLDDX - PIMCO Low Duraon SEEGX - JP Morgan Large Cap Growth SRVEX - Victory Diversified Stock Fund TGVIX - Thornburg Internaonal Value VFSTX - Vanguard Short-Term Investment Grade ©ConnectYourCare 1
Transcript of HSA Investment Options - ConnectYourCare · HSA Investment Options . onnectYourare’s Health...
HSA Investment Options
ConnectYourCare’s Health Savings Account (HSA) not only helps you take control of your health care,
but it also provides you with the opportunity to earn money through interest and investments.
ConnectYourCare has partnered with BNY Mellon Investment Servicing (U.S.) Inc. to bring you
competitive interest rates and investment options for your HSA. ConnectYourCare also gives you the
ability to view your interest payments and manage your investments directly from your online account,
making it easy to take control of your account benefits.
Interest Earnings
You will earn interest on your HSA balance from day one. And the more you save, the more you earn.
To view your interest rate, log into your online account and click on the Investments link.
Investment Options
A variety of investment options are available for your HSA funds as long as you maintain a balance of
$1,000 in the FDIC-insured, Interest-Bearing Bank Portion (Bank Portion) of your HSA. Once your
balance reaches $1,000, you will have the option of investing in a suite of mutual funds, none of which
have a minimum investment requirement. There are no trading or brokerage fees. If you do not choose
to invest your HSA contributions, all of your money will be automatically deposited into the FDIC
insured bank portion of your HSA.
Investment Benefits
Seamless integration to the investment portal from the ConnectYourCare online account through single sign-on (SSO)
Variety of mutual funds in many asset classes
No fees associated with transactions
Ability to easily adjust holdings in various funds, by dollar amount or percentage
Ability to set up automatic investment of future contributions in pre-selected percentages
There are two ways to invest:
Reallocate existing balances – employees can transfer existing balances from the liquid portion of the HSA into mutual funds provided $1,000 remains in cash.
Automatically invest future contributions – once an employee’s balance reaches $1,000, the employee can allocate 100% of future contributions among various investments or can specify a percentage of future contributions to go to the cash account and the rest allocated among investments.
A sample of mutual funds offered include:
HSA Interest & Investment Options
ACMVX - American Century Mid Cap Value ARTSX - Artisan Small Cap Fund DODFX - Dodge & Cox International Fund DODIX - Dodge & Cox Income HABDX - Harbor Bond Fund MGIDX - Managers Intermediate Duration MWTRX - Metropolitan West Total Return Bond NBRVX - Neuberger Berman Mid Cap
NYVTX - Davis New York Venture OPMSX - Oppenheimer Small & Mid Cap PARSX - Parnassus Small Cap PLDDX - PIMCO Low Duration SEEGX - JP Morgan Large Cap Growth SRVEX - Victory Diversified Stock Fund TGVIX - Thornburg International Value VFSTX - Vanguard Short-Term Investment Grade
©ConnectYourCare 1
Investment Transfers and Realignment
You must have a minimum balance of $1,000 in the FDIC-insured, Interest-bearing Bank Portion
before you can transfer assets to other funds. Once your balance reaches $1,000, you may
request to transfer and realign your HSA assets at any time. However, it may take up to two
business days for your transactions to complete. To complete a transfer or realignment follow
the instructions below:
1) Log in to your online account at www.connectyourcare.com.
2) Click on the Investments link and then on the Transfers & Realignments link.
3) Determine what method you would like to use for transferring your money (either by percent, dollars or a combination of both).
4) Select the investment positions where you want to move money from and to and follow the online instructions to confirm.
Contribution Allocation
You may setup your HSA so that your ongoing contributions are automatically invested
according to your own investment style and risk tolerance. To allocate your contributions follow
the instructions below.
1) Log in to your online account at www.connectyourcare.com.
2) Click on the Investments link and then on the Allocate Contributions link.
3) Follow the instructions on the screen for confirming your elections.
Note: You may change your allocation at any time.
Helpful Tips
To review your fund options, read fund fact sheets or access fund prospectus, please visit www.connectyourcare.com and click on the Investments link.
You may make fund elections or transactions at any time. Account transfers and purchases take up to 2
business days to fully settle to your account.
Shares of mutual funds are not insured by the FDIC or any other U.S. Government agency, and are not deposits or obligations of, or guaranteed or endorsed by, the Custodian or any bank. Past performance is not a guarantee of future results.
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