Our family is switching insurance companies due to a job change for me. We will be getting a high-deductible insurance policy and also an HSA. DH's company will add money to our HSA each month but requires us to set up the HSA with a company of our choosing first. I am in the process of researching various places to have our HSA money. Where do you keep your HSA and do you recommend/not recommend it? Any tips?
Well we have our HSA through Optum Health Bank. It is okay but we didn't have much of a choice because it was automatically set up via our insurance through United Health Care. I would check with your regular bank. That would be most convenient.
Pretty much every bank we have looked at at my company charge at 3% or 4% fee on the balance. I know Chase does for sure. I would check with your personal bank and see if you can get some sort of deal since you already bank with them.
It drives me crazy that I have to pay banks to hold my money or access my money.