The #1 rated online bank by Bankrate holds your cash safely and securely. Radius Bank is headquartered in Boston, MA and has been in business for more than 30 years.
First Dollar has connected with TD Ameritrade to provide you with full control over your investment strategy and goals.
No problem! If you already have an HSA with another provider, we can help you move your money to First Dollar via a rollover or trustee-to-trustee transfer. You're also allowed to have more than one HSA.
You can have as many HSAs as you want. Be careful, though, because there are often times fees associated with having an individual account. First Dollar HSAs are fee-free, though.If you choose to have multiple HSAs, you still can only contribute a maximum of the annual contribution limits across all of your HSAs. You are also responsible for reporting your combined contributions and deductions to the IRS from all open and active HSA accounts at the end of the year.
The HSA is a triple tax-advantaged vehicle! You can put money into your HSA pre-tax, let your money grow tax-free, and take money out on a tax-free basis for qualified medical expenses. Furthermore, if you never take money out of your HSA – it works almost like a 401K! Learn more