The HSAToday® Investment Program offers qualified account holders a diverse range of investment alternatives to choose from, along with five professionally managed model portfolios that support varied investment objectives and risk tolerance. This investment program is intended for long-term investments only and not to be used for short-term cash availability.
Click here to view a list of available funds.
DataPath Investment Advisors, Inc. (DPIA) is the investment advisor for National Advisors Trust Company and HSAToday & Summit HSA. DPIA screens, selects and monitors the investment options and constructs and maintains the model portfolios. DPIA is a related entity of DataPath Financial Services and DataPath, Inc.
What model portfolios are offered?
The model portfolios, listed from lowest to highest risk levels, include:
For the Investor who seeks to allocate a large percentage of their portfolio to lower-risk securities such as fixed-income securities. The main goal of a conservative portfolio is to protect the principal value of your portfolio. That is why these models are often called “capital preservation portfolios.” Even if you are very conservative and are tempted to avoid the stock market entirely, some risk exposure in selected funds can help offset inflation. Suggested time horizon for this risk allocation is at least 5 years.
For the Investor who seeks to preserve most of the portfolio’s total value but is willing to take on some risk for inflation protection. A common strategy within this risk level is called “current income.” This includes securities that pay a higher level of dividends. The suggested investor’s time horizon least 5 to 8 years.
For the Investor who seeks a balance between preservation of account value and portfolio risk. The goal is a near even split between low risk fix-income securities and higher-risk growth securities. This strategy also includes securities that pay a higher level of dividends. The Investor’s time horizon for investing should be medium term or greater than 8 years.
For the Investor who has a longer-term strategy (greater than 10 years) and willing to take a medium to higher level of risk to achieve portfolio growth, while still diversifying the portfolio by including fixed-income securities. The strategy is often called “capital growth” strategy. To provide diversification, the portfolio includes fix-income securities.
For the investor with a long-term investment strategy (greater than 12 to 15 years) and willing to accept their portfolio value can fluctuates widely from day-to-day. Your main goal is to achieve long-term growth of capital. The strategy of an aggressive portfolio is considered a “capital growth” strategy. To provide diversification, investors with aggressive portfolios usually add some fixed-income securities.
In addition to the aforementioned model portfolios, account holders can also create their own customized portfolio from the approved fund list.
What Are the Benefits of Investing Your HSA Funds?
Many Americans will depend on personal savings and investments during retirement. Utilizing your Health Savings Account as a long-term investment vehicle is an excellent way to add to your retirement strategy.
Whether you are a current HSA account holder or you are just now enrolling, it’s a good idea to consider investing some of your account funds. Here are just a few reasons why:
- Tax-Free Investments
- All contributions and earnings in your HSA are considered tax-free by the IRS and will not be taxed unless you withdraw them for non-medical reasons.
- There is no use-it-or-lose-it rule associated with HSAs. HSAs are owned by the account holder and roll over year after year. Even if you change jobs, the money in the account is yours to keep.
- You can change the amount you want to invest and the way the funds are invested. And you can always access the money in your account if the need arises.
- Multiple Investment Options
- You can pick from one of four investment models or create your very own custom investment portfolio.
Ask Your Plan Service Provider About Your Investment Options!