Yes. Once you’ve saved $1,000 in your HSA, you can also establish an investment account using your HSA contributions, with a variety of mutual funds to choose from. Visit our Investment Services page to learn more about this option.
Since there is no “use it or lose it” provision, unused funds in an HSA remain in the account from year to year. So an HSA can be an ideal way to have money set aside for medical expenses today, yet invest and grow that money for future use if you don't need it for current medical expenses.
If you have questions about investing HSA funds, contact us at 1-888-472-8697.