Hello - I have HSA Bank and when I get new deposits I have them automatically rolled in Schwab HSA. For the last year, I had the majority of my $60k in a 12 mos non callable CD, which expired and now I have everything in SWVXX. I don’t need the money, as we pay out of pocket for all medical expenses, until we retire in another 7 years.
Am I better off moving the $60k into another 12 mos non callable CD? Looks like Wells offers 5.5% and accrues monthly or just leave it in SWVXX or is there another strategy I am not thinking of. I could also switch to Fidelity, but not sure if there would be any advantage as HSA Bank to Schwab is so simple.
Thanks for the advice.
Am I better off moving the $60k into another 12 mos non callable CD? Looks like Wells offers 5.5% and accrues monthly or just leave it in SWVXX or is there another strategy I am not thinking of. I could also switch to Fidelity, but not sure if there would be any advantage as HSA Bank to Schwab is so simple.
Thanks for the advice.
Statistics: Posted by DBV — Sat Apr 20, 2024 9:01 am