Get more with the Fidelity HSA®

A powerful way to help gain control of your health care expenses, the Fidelity health savings account (HSA) provides services to support customers at any level.

I am...

an individual or family

With the triple tax advantage1, the HSA can help you save money to pay for qualified medical expenses now and into retirement.

an employer

The Fidelity HSA can offer you and your employees a cost-effective way to save for health care expenses, backed by Fidelity’s commitment to customer service.

a broker or consultant

Fidelity offers claims integration, effective participant education, and the latest in data security technology to meet and protect your clients’ needs.

a health insurer

Trust that your members are getting the most from their HSA because Fidelity offers financial guidance based on decades of experience.

What is an HSA?

An HSA is a tax-advantaged account you can use to save money to pay for qualified medical expenses. Because contributions, qualified withdrawals, and investment growth are all tax-free and your money can carry over from year to year, the HSA can help you gain control over your health care expenses.

An HSA is associated with a high-deductible health plan (HDHP).

Why Fidelity

Exceptional service Exceptional service
Personalized attention when you need it, online or over the phone, to make using your HSA easy.
Investing options Broad investing options
Offering a full range of investment opportunities, featuring Fidelity's curated Funds to consider lineup.
Competitive pricing Competitive pricing
Great rates on cash
Zero account transaction fees2 
Zero separate account fees to invest3 
Zero minimums to invest4
Account integration Account integration
Managing retirement and health savings accounts to align your long- and short-term financial goals.
Data security Data security
World-class security measures to help keep your accounts safe, including advanced fraud detection.
Expert insights Insights & education
Targeted education based on industry-leading research, market insights, and decades of experience.

The benefits of HSAs for retirement

Insights for individuals and families


The average couple will spend $285,000 on retirement medical costs as of 2019.5


If you invest half of what you contribute each year, over a period of 30 years your investment could grow to be twice what you need for retirement.6


After age 65, you can use your HSA for anything you want. Non-health care expenses become penalty-free.7

IBD Award

Named for8

  • Investment options
  • Investment quality
  • Low fees
  • Interest rates
  • Easy access
Keep in mind that investing involves risk, including the risk of loss.

With respect to federal taxation only. Contributions, investment earnings, and distributions may or may not be subject to state taxation.


Account transaction fees refers to fees for account features such as account opening, funds transfer, debit cards, excess contributions, etc. and does not include recordkeeping fees, which may be charged to employers. Employers may choose to pass recordkeeping fees on to employees.


​Commissions and other expenses associated with transacting or holding specific investments (e.g., mutual funds) may apply. Refer to the fees and commission schedule for additional detail at​


There may be funds that require a minimum amount to invest, but Fidelity does not require a minimum to start investing.​


​Estimate based on a hypothetical couple retiring in 2019, 65-years-old, with life expectancies that align with Society of Actuaries' RP-2014 Healthy Annuitant rates with Mortality Improvements Scale MP-2016. Actual assets needed may be more or less depending on actual health status, area of residence, and longevity. Estimate is net of taxes. The Fidelity Retiree Health Care Costs Estimate assumes individuals do not have employer-provided retiree health care coverage, but do qualify for the federal government's insurance program, Original Medicare. The calculation takes into account cost-sharing provisions (such as deductibles and coinsurance) associated with Medicare Part A and Part B (inpatient and outpatient medical insurance). It also considers Medicare Part D (prescription drug coverage) premiums and out-of-pocket costs, as well as certain services excluded by Original Medicare. The estimate does not include other health-related expenses, such as over-the-counter medications, most dental services and long-term care.

6. This hypothetical scenario assumes the following: The household contributes up to the HSA family limit each year at the beginning of the year for 30 years, the IRS will increase contribution limits over time to index to inflation and that the earnings are compounded annually, the account is invested with a 7% rate of return, and the family withdraws 50% of contributions each year.
7. Any withdrawals for non-qualified medical expenses are subject to federal and state taxation. Non-qualified withdrawals before age 65 may be subject to an additional 20% penalty.
8. Investor’s Business Daily® (IBD), March 2019: Best Health Savings Account Providers. Editors identified ten best HSAs based on account features, customer reviews, benefit consultants' input, and Morningstar fund ratings.