Your employer may cover monthly maintenance fees. Flexible spending accounts (FSAs) and health reimbursement accounts (HRAs) are administered by OptumHealth Financial Services and are subject to eligibility and restrictions. Learn about fees and interest rates for your Optum Bank HSA. ... Orders are accepted to effect transactions in securities only as an accommodation to HSA and MSA owners. Thus, at the $33,000 mark, the most Optum Bank will charge an investor is $10 per month. Mutual fund investment options are made available through the services of an independent investment advisor. State taxes may apply. Federal and state laws and regulations are subject to change. $2.50 per ATM transaction that Optum Bank charges. Refer to your Employer Open Enrollment materials or Optum Bank® HSA Welcome Kit, or sign in to your account to view the fee schedule associated with your HSA. The content on this website is not intended as legal or tax advice. Investments are not FDIC-insured, are not guaranteed by Optum Bank® and may lose value. Over 10 miscellaneous fees have been removed in order to help you save more money with your health savings account (HSA). Federal and state laws and regulations are subject to change. The content on this website is not intended as legal or tax advice. Federal and state laws and regulations are subject to change. Investments are not FDIC insured, are not guaranteed by Optum Bank and may lose value. You can also sign in to your account and look for specifics under "accounts overview," then "account details. Orders are accepted to effect transactions in securities only as an accommodation to HSA and MSA owners. Language Assistance / Non-Discrimination Notice, Asistencia de Idiomas / Aviso de no Discriminación, Return or paid non-sufficient funds (NSF) fee. $20 charge to transfer your HSA to another bank or custodian (outbound transfer of your entire HSA or a portion). Google Play and the Google Play logo are trademarks of Google LLC. Before opting to leave $3,000 in the checking account, take into … We’ve done away with many unnecessary bank fees for HSAs. Investment accounts are charged 0.03% per month up to a maximum of $10 (which it hits at $33,000). Health savings accounts (HSAs) and Medicare Advantage Medical Savings Accounts (MSAs) are individual accounts offered or administered by Optum Bank®, Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. By reducing fees, you're able to save more for your future. Fees may reduce earnings on account. $20 charge to transfer your HSA to another bank or custodian (outbound transfer of your entire HSA or a portion). To help you save more money, you will not be charged: Your HSA may earn interest at tiered rates. A return or paid nonsufficient funds (NSF) fee. This communication is not intended as legal or tax advice. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. They are: The only fees you should expect are a monthly maintenance fee and, when applicable, an ATM withdrawal fee, outbound transfer fee, and monthly investment* fee. State taxes may apply. Use your Health Savings Account Debit MasterCard® at the point of service to avoid ATM withdrawal fees. Don't have the Optum Bank Mobile app yet? Don't have the Optum Bank Mobile app yet? App Store is a service mark of Apple Inc., registered in the U.S. and other countries. $1.50 Printed Statement Fee. We like to avoid fees, too. Note: there is no charge for online statement delivery. Optum Bank is not a broker-dealer or registered investment advisor, and does not provide investment advice or research concerning securities, make recommendations concerning securities, or otherwise solicit securities transactions. Orders are accepted to effect transactions in securities only as an accommodation to HSA and MSA owners. Earnings are variable and subject to change. If you do not choose online delivery for your account statements, we will charge this fee for every statement we mail to you. $1.50 Printed Statement Fee. Medicare Advantage Medical Savings Accounts (MSA), Discover how the investing features work on an HSA, Explore how you can choose to invest part of your HSA. In addition to the Optum Bank ATM fee, the bank/ATM you use to withdraw funds may charge you a fee. Optum Bank is not a broker-dealer or registered investment advisor, and does not provide investment advice or research concerning securities, make recommendations concerning securities, or otherwise solicit securities transactions. Your interest rate and corresponding APY can also be found on your monthly statement. ", We’ve done away with many unnecessary bank fees associated with your HSA.Â. Flexible spending accounts (FSAs) and health reimbursement accounts (HRAs) are administered by OptumHealth Financial Services and are subject to eligibility and restrictions. Optum Bank is not a broker-dealer or registered investment advisor, and does not provide investment advice or research concerning securities, make … Google Play and the Google Play logo are trademarks of Google LLC. To find your current interest rate and annual percentage yield (APY), sign in to view your account details.Â. Optum Bank participants can evade the maintenance fee by leaving $3,000 in the HSA checking account. Shares are offered through Charles Schwab & Co., Inc., a registered broker-dealer. Mutual fund investment options are made available through the services of an independent investment advisor. Heath savings accounts (HSAs) are individual accounts offered or administered by Optum Bank , Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. Note: there is no charge for online … App Store is a service mark of Apple Inc., registered in the U.S. and other countries. Medicare Advantage Medical Savings Accounts (MSA). Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Investments are not FDIC insured, are not guaranteed by Optum Bank and may lose value. Fees may reduce earnings on account. In addition to the Optum Bank ATM fee, the bank/ATM you use to withdraw funds may charge you a fee. State taxes may apply. If you do not choose online delivery for your account statements, we will charge this fee for every statement we mail to you.