Contribution made to Health Savings Account
After much research comparing HSA custodians I decided to go with Health Savings Administrators due to their low fee structure and the opportunity to immediately invest in Vanguard Admiral Shares. I’ve elected to contribute the maximum amount this year ($2,850) that will be invested into Vanguard Wellington Fund Admiral Shares (VWENX). Yesterday I mailed the required enrollment form and my payment check.
As mentioned previously, my concern now is that the quarterly custodial fee will become rather expensive as the account grows and I will need to monitor for other options in the future to avoid excessive account expenses.
As mentioned previously, my concern now is that the quarterly custodial fee will become rather expensive as the account grows and I will need to monitor for other options in the future to avoid excessive account expenses.
posted by Brian at
5:45 PM
5 Comments:
I am surprised they don't charge a fixed annual account fee, regardless of balance. Oh well, good luck with that account, you will love having it.
By
Eddie, at 6/08/2007 1:19 PM
Are you still around? I enjoyed reading your blog and hope everything is going well.
By
Anonymous, at 9/02/2007 7:20 PM
Please don't tell you you have gone bankrupt! Keep posting your progress okay!
By
Anonymous, at 9/06/2007 4:35 PM
Still around...I'll be back soon.
By
Brian, at 9/17/2007 7:56 PM
After a year of major financial setbacks, my Health Savings Account is still intact. It is my only health insurance right now. Not Recommended and that will change soon, I hope but in the meantime, it is good knowing that it's there.
I enjoyed your blog. I recently started "blogging my way out of debt" and have been surfing like minds.
http://www.achingdebts.blogspot.com
By
Financial Fool, at 12/06/2007 4:34 PM
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