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Investment Pick on Clark Howard An article on Clark Howard's site discusses how to invest your Health Savings Account. Health Savings Administrators is a top pick with our 22 Vanguard Funds.
22 Vanguard Funds
At Health Savings Administrators you have access to 22 Vanguard Funds - and unlike some of the competition, there is no required checking account.
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We make it easy to reach a live person when you call. We pride ourselves on superior customer service and we staff our call centers with experienced, friendly and educated people.....just like you!
Ranked Best HSA by Kiplingers You can build a portfolio with 22 low-cost Vanguard mutual funds - and you can invest immediately, instead of waiting to accumulate a large balance.

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Open a Health Savings Account now

You should open your HSA as soon as you qualify since only eligible medical expenses incurred after your HSA is established can be reimbursed tax-free from your account. 

To Get Started

  1. Confirm that you meet the requirements to open an HSA.
  2. Review and choose your investment fund(s) prior to enrolling: Vanguard Funds List.  You may choose up to four Vanguard funds and/or the debit card option. 
  3. Review our Fee Schedule.
  4. During the enrollment process you will be asked to provide:
        • Date of Birth
        • Social Security Number
        • Physical Address
        • Insurance company and effective date of qualified insurance
        • Fund choice(s)


If you would like to transfer funds from another HSA to your new account, complete and mail the transfer form offered at the end of your enollment

Or to Open an Account By Mail

  • Download and complete the Application Form:  HSA Application form
  • If you are transferring a balance from another HSA, download and complete the Combined Enrollment/Transfer Form. 
  • Mail the application, along with your initial contribution (made payable to HSA Bank) to
    • Health Savings Administrators
      10800 Midlothian Turnpike, Suite 240
      Richmond, Virginia 23235