HSA Investment Account definition
Examples of HSA Investment Account in a sentence
Your HSA will consist of a Deposit Account (an interest-bearing account at a federally-insured depository institution) and, where applicable, an HSA Investment Account.
The balance in your HSA Investment Account is not insured or guaranteed.
If the balance in the Deposit Account falls below the transfer threshold, no additional funds will be automatically swept into the HSA Investment Account until the Deposit Account once again exceeds the transfer threshold.
All investment transactions in the HSA Investment Account will be initiated and conducted electronically or by telephone.
If you elect to establish an HSA Investment Account, the HSA Investments Terms and Conditions will be disclosed by the Investment Advisor at the time you establish this optional portion of your HSA.
The HSA Investment Account is exclusively available online at ▇▇▇.▇▇▇▇▇-▇▇▇▇▇▇.▇▇▇.
All required disclosures of investment information and trade confirmations will be made electronically, and by opening an HSA Investment Account I consent to the electronic delivery/access of all documents of any issuer whose securities are made available to my HSA, including issuers and securities made available after the date my account is opened.
Closing your HSA Investment Account will liquidate any HSA Investments in your HSA Investment Account and initiate a cash distribution to your HSA Deposit Account through the HSA Program Provider.
It is intended that this will be the only fee, if applicable, charged to your HSA Investment Account: The Annual Investment Account Services Fee is $24.00.
Fees received by Subcustodian or its affiliates from the mutual funds held in your HSA Investment Account for services provided to or on behalf of those mutual funds are in addition to Subcustodian’s other fees for services under your Agreement, and are described in the applicable prospectus.