INVESTMENT OF HSA ASSETS. 4.1 The custodial funds held in this HSA will initially be held in the Accountowner’s Cash Account and invested in FDIC-insured interest-bearing deposit accounts established by the Recordkeeper. The Accountholder understands and acknowledges that the Recordkeeper will post interest based on the average monthly account balance in accordance with the current interest rates and formula at xxx.xxxxx.xxx, which may be updated periodically.
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Samples: Application and Custodial Agreement, Application and Custodial Agreement, Application and Custodial Agreement
