In October, ACS Mellon HSA Solution will begin a new unified investment program that will provide 20 exceptionally rated no-load funds from a variety of fund families with no minimum investment.
This new investment option will affect both group and individual members enrolled in a Blue Options HSA. These significant changes include:
- Dreyfus will be replaced by SaveDaily as the fund manager
- ACS Mellon HSA account holders can start investing, with no minimum investment, once their HSA checking account balance is $2000 (Dreyfus required a $3000 checking account minimum for first investments and a $1000 minimum investment)
- There will be a new monthly fee of $2.90 for users of the new investment platform
Producer managers can be contacted with questions about any of these changes.
0 Responses to “Blue Options HSA members will get investment changes”