Saturna Named on Investor’s Business Daily Best HSAs List for Second Year | Saturna Capital
Saturna Named on Investor’s Business Daily Best HSAs List for Second Year

February 18, 2020Investor’s Business Daily has for the second year in a row named Saturna Capital as a top health savings account provider for people who want to invest their HSA savings. IBD compiled its list of 11 “Best of 2020” providers from dozens of HSA account providers based on investment quality, investment options, fees, customer ratings, and feedback from industry experts. IBD names Saturna’s HSA as one of the best in the category of “Investment Options” noting that “Saturna’s offerings are expansive and include the option of a self-directed brokerage account.”

“We are honored to be on the Investor’s Business Daily Best HSAs list again this year,” said Jane Carten, president and CEO of Saturna Capital. “HSAs are catching on as investment vehicles with lucrative tax advantages, yet many account holders remain unaware that they may invest their health savings. HSA data shows that the average balance of on an investment HSA is nearly nine times that of a non-investment HSA.”

Saturna HSA investors can choose from Saturna’s affiliated stock and bond mutual funds, including sustainable and certified halal funds, or broaden their choices further via a self-directed brokerage account. Saturna HSA account holders may also set up an automated investment plan for their HSA contributions, similar to what they may already be doing with their IRA or 401(k).

 

Learn more about Saturna Capital HSAs

HSA contribution and other limits for 2020

Health Savings Accounts (HSAs) Contribution Limits 2019 2020
  Individual Family Individual Family
HSA Contribution Limits (employer + employee) $3,500 $7,000 $3,550 $7,100
HSA Catch-up Contributions (age 55 and older) $1,000 $1,000 $1,000 $1,000

 

Qualified High-Deductible Health Plan Requirements 2019 2020
  Individual Family Individual Family
QHDHP Minimum Deductibles $1,350 $2,700 $1,400 $2,800
QHDHP maximum out-of-pocket amounts¹ $6,750 $13,500 $6,900 $13,800

¹ Including deductibles, co-payments, and other amounts, but excluding premiums. See IRS Publication 969 (www.irs.gov) for more information.