Learn About the HSA Bank Investment Program · 2017-02-14 · Value of investing with an HSA By...

©2015 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Learn About the HSA Bank Investment Program

Disclaimer

HSA Bank does not provide brokerage/investment services; brokerage services are provided by TD Ameritrade and investment services are provided by DEVENIR. HSA Bank, TD Ameritrade, and DEVENIR are separate and unaffiliated firms, and are not responsible for each other's services or policies. Self-directed investment accounts are the sole responsibility of the account owner. Carefully weigh the advantages and disadvantages of investing your HSA funds before doing so. HSA Bank and other business entities receive compensation for providing various services to the funds, including distribution (12b-1) and service fees. Your ability to replace losses in the investment account may be limited by the annual contribution limits of your HSA. HSA Bank does not offer investment advice.

Investment accounts are not FDIC insured and they are not bank guaranteed. Investment accounts are not a deposit account, or an obligation of HSA Bank, and they may lose value. They are not guaranteed by any federal government agency. Performance data and ratings represent past performance and are not a guarantee of future results. Investment returns and principal value will fluctuate and investors' shares, when sold, may be worth more or less than their original cost.

TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. Used with permission.

Morningstar® is a registered trademark of Morningstar, Inc.

Get to Know Your HSA

Did you know you can invest your HSA Bank savings?

Your HSA Bank self-directed investment account can help you save for future medical and retirement expenses, and can complement the interest-earning HSA Cash Account. And just like the Cash Account, investment balances carry over from year to year and accumulate in a tax-deferred manner.

©2015 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.3

Value of investing with an HSA

By enrolling in an HSA you’re already on your way to saving money and staying prepared for future medical expenses and a way to save for retirement

A 65-year-old couple retiring this year will need an average of $220,000 to cover future medical costs. That doesn't include the high cost of long-term care. 1

After age 65, Health Savings Accounts (HSAs) provide unique features not offered by any other retirement account including 401ks or IRAs

– Funds to rollover year after year - Balances in the HSA never expire. Because you own the account, even if you change employers you always have access to the funds.

– Helping to offset Medicare expenses - Ability to pay for Medicare premiums completely tax free from the HSA. HSAs can also be used to offset out-of-pocket expenses including deductibles, co-pays, and coinsurance for Medicare Part A, B, C, and D.

– Tax-deferred general purpose savings - HSA funds used for non-medical expense are subject to income tax without penalty, similar to most IRAs and 401(k)s. And funds can be withdrawn completely tax-free when used for eligible medical expenses.

– More opportunities to save with an HSA - In many cases HSAs provide a higher annual contribution limit than IRAs allowing your family to save more for the future


What Do I Need To Know About Investing In My HSA?


Your HSA investment earnings grow without being taxed. If you use the funds to pay for

eligible health care expenses, distributions are also tax-

free.*

You can move your HSA investment funds back into

your HSA Cash Account at any time to pay for your current

IRS qualified health care expenses.**

*Federal Tax savings are available no matter where you live. However, HSAs may be subject to state taxes. Please consult your state department of revenue and/or your tax professional for tax-related questions. HSA Bank does not provide tax or investment advice. Carefully consider the investment objectives, risks, charges and expenses before investing. A prospectus contains this and other important information about an investment company. Read carefully before investing.

**Fees may apply to transfers from investment funds. Please review the disclosures provided by TD Ameritrade and DEVENIR, and the fund prospectus, for fee information.

Investment Program Options


TD Ameritrade offers a wide array of products and services for self-directed investing which includes:

• Stocks, bonds and thousands of mutual funds (trading fees may apply)

• Online access to powerful fund-screen capabilities, additional trading tools and third-party research

• Convenient, secure online trade confirmations and account statements

• Four ways to place trades: website, telephone, mobile device, and broker

• The ability to set up multiple watch lists

With the DEVENIR Self-Directed Mutual Fund Investment Account, members can invest their HSA funds in a professionally, pre-selected group of no-load or load-waived mutual funds covering a range of fund families and asset classes. The Mutual Fund Investment Account benefits include:

• Quarterly performance review of mutual fund selections by SEC registered investment advisors

• No trading fees on mutual funds

• Integrated, online access to investment account history, balance information, contribution election, trades and much more, all through HSA Bank's Member Website

• Access to Morningstar reports and other planning tools

Self-Directed Investment Program Self-Directed Mutual Fund Program

Quick Comparison of Programs


Feature Devenir TD Ameritrade

Investment Type Offered Pre-selected slate of Mutual

Funds

Thousands of investment options including stocks, bonds and

mutual funds.

Monthly Fees to Access Program No No

Trading Fees No trading fees apply Fees may apply based on the

type of trade.

Ability to Auto-Sweep from Cash Account Yes Yes

Investment Tools and Resources Provided Yes Yes

Load-Waived investment options available Yes Yes

Mobile Access to Trades

No Yes

How Do I Open An Investment Account?


Please note: When enrolling in either the investment programs (TD Ameritrade or Devenir), consumers must agree to the associated investment account terms & conditions.

How Do I Open An Investment Account?

9


TDAmeritrade

Powerful self-directed platform.

Almost everything in the market available.

Excellent for sophisticated investors


Balance

Biggest Movers

Home screen


12

Research and Ideas -> Charts

Quick Action

Quick Stats

Charting, including market comparison

Extensive information

TD example using Webster Financial Corp stock

TD example using Webster Financial Corp stock


Research and Ideas -> Mutual Funds -> X-Ray - > X-Ray Interpreter

TD Ameritrade: Research and Ideas

TD Ameritrade: Research and Ideas


Trade Architect


Devenir

Powerful self-directed Mutual Funds Platform, similar to a self-directed 401k experience..


Portfolio Summary

Balance History

Account Summary


Account Summary -> Investment Summary


Devenir Planning and Advice -> HSA Asset Allocation Tool


Devenir Personal Performance -> My Performance

Learn About the HSA Bank Investment Program · 2017-02-14 · Value of investing with an HSA By...

Documents

Transcript of Learn About the HSA Bank Investment Program · 2017-02-14 · Value of investing with an HSA By...