Health Savings Brokerage Account

With a Schwab Health Savings Brokerage Account (HSBA), you can invest in a health savings account with the freedom of a brokerage account.

What is an HSBA?

Schwab HSBA is a self-directed brokerage account that resides within your Health Savings Account (HSA). In addition to the investment choices typically offered by an HSA, an HSBA lets you invest in a wide range of investment options to include stocks, bonds, mutual funds, and Exchange Traded Funds (ETFs).

Investing to build your savings through a Health Savings Account is more flexible than ever, with no one-size-fits-all approach. Unlock new possibilities in your HSA with a Schwab Health Savings Brokerage Account, or HSBA—a modern approach to investing your savings to cover future expenses.

Beyond typical HSA investment options, an HSBA lets you customize your investments to match your goals.

No matter how you like to trade or invest, our cutting-edge platforms, industry-leading education, and specialized support are ready to assist you. With schwab.com and the Schwab mobile app, you can manage your account, explore investments, and stay current with market trends. Anywhere, anytime.

Dive into our powerful thinkorswim® platforms for deep insights you can use to refine your HSBA and other investment strategies in real time.
Stay on top of your financial know-how with Schwab's educational resources. You'll get access to personalized learning and interactive courses for every type of investor.

You'll also get world-class support from one of the industry's most trusted names. Need help getting started? We're here to answer any questions, from platform basics to advanced trading support through Schwab Trading, Powered by Ameritrade. Already working with an advisor? You can have them manage your HSBA.

At Schwab, we're here to help you take control of your financial future.
Video Transcript

Invest with HSBA

Investing to build your savings through a Health Savings Account is more flexible than ever, with no one-size-fits-all approach. Unlock new possibilities in your HSA with a Schwab Health Savings Brokerage Account, or HSBA—a modern approach to investing your savings to cover future expenses.

Beyond typical HSA investment options, an HSBA lets you customize your investments to match your goals.

No matter how you like to trade or invest, our cutting-edge platforms, industry-leading education, and specialized support are ready to assist you. With schwab.com and the Schwab mobile app, you can manage your account, explore investments, and stay current with market trends. Anywhere, anytime.

Dive into our powerful thinkorswim® platforms for deep insights you can use to refine your HSBA and other investment strategies in real time.
Stay on top of your financial know-how with Schwab's educational resources. You'll get access to personalized learning and interactive courses for every type of investor.

You'll also get world-class support from one of the industry's most trusted names. Need help getting started? We're here to answer any questions, from platform basics to advanced trading support through Schwab Trading, Powered by Ameritrade. Already working with an advisor? You can have them manage your HSBA.

At Schwab, we're here to help you take control of your financial future.

Why HSBA?

More investment choices.

In addition to the investment options typically offered by an HSA, you can select from thousands of investments available through Schwab.

Powerful trading platforms.

Get access to award-winning platforms, tailored education, and specialized support with Schwab Trading powered by Ameritrade™.

Flexibility to invest your way.

Place trade orders on your own or with help from Schwab.

Dedicated support.

You can call 800-472-0084 to speak to a dedicated HSBA Call Center representative.

Woman with ipad

Who would benefit from an HSBA?

HSBA is appropriate for knowledgeable, experienced investors who:

  • Are seeking a wider range of investments
  • Can dedicate more time to managing their investments
  • Are comfortable making more of their own investing decisions

Schwab is restricted from providing advice on HSBAs; however, your HSA program provider may allow you to appoint an investment advisor.

How does it work?

  • Your Health Savings Account provider must offer a brokerage option as part of your HSA, in order for you to open an account.
  • You decide how much money to transfer from your HSA into your HSBA.
  • You can invest your HSBA assets in any eligible investment option for health savings accounts.
Video: How to research, trade and monitor your HSBA investments

Fees and requirements

Take the next step.

  • Take the next step.

    If your HSA provider offers a brokerage option as part of your health savings account, you may be able to open an HSBA.
    Contact your provider to request enrollment materials.

    If you have questions about Schwab's HSBA product or need help servicing an existing HSBA account, please contact the Schwab HSBA Call Center at 800-472-0084.