15thNovember
Vanguard does not offer HSA Administration
Categories: Healthcare, Financial | 2007 | by Dave | no commentsI received a response from Vanguard when I asked them if they offered HSA Administration.
Thank you for your e-mail. We appreciate the time you have taken to contact
us.Vanguard is examining the feasibility of offering Health Savings Accounts
(HSAs), but has no firm plans at this time.Vanguard is aware of some HSA programs featuring Vanguard mutual funds. It
appears that these parties are providing HSA administration and offering
Vanguard mutual fund investments via an investment-only relationship.
Vanguard has not formed a direct partnership in providing an HSA program at
this time.Additional information regarding HSAs can be found under the ‘Account Types
& Services’ sub-link of our ‘Personal Investors’ homepage. Next, click the
two HSA-related links on the right-hand side of the page under the ‘Also of
interest’ heading.If you have additional questions or would like more information on
consolidating your assets with Vanguard, please contact Vanguard
Specialized Services at 1-800-337-8476. We are available Monday through
Friday from 8 a.m. to 8 p.m. Eastern time. An associate will be pleased to
assist you.
So I’ll need to continue bothering brokerage houses until I find one that does offer HSA Administration. One reason I like E-Trade is that I can keep my taxable (with individual stocks), IRA, Roth IRA, and emergency savings (high yield savings account) accounts all in the same location. If I’m going to have an HSA that needs an administrator, I want my brokerage house to handle that as well.
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