Interest Paid & Outside Investments

Sterling accountholders are paid interest on the funds in their accounts at prevailing bank savings rates.

In order to self-direct your investments, Sterling accountholders may choose to transfer funds in their accounts to a joint brokerage account that would be titled "Sterling HSA Administrator For The Benefit Of (Name Of Sterling Accountholder)". There is a minimum balance requirement for the HSA account. The monthly maintenance fee on the HSA account will continue to be charged. An annual fee of $16 will also be charged for the outside investment account. Sterling recommends all accountholders keep an amount equal to their annual deductible or out-of-pocket maximum in their HSA account at a minimum.

Sterling HSA has made arrangements with Partnervest Securities LLC to offer investment services at a discounted fee for Sterling accountholders. Partnervest also provides Sterling with monthly account balance information to ensure the outside investment information contained in Sterling HSA account records is current. Contact us for more information or contact Partnervest Securities at info@partnervestsecurities.com or by calling 866-257-5202. Visit www.partnervestsecurities.com.

As an alternative, Sterling accountholders may use a brokerage firm of their choice if that firm will accept HSA funds and title the joint account "Sterling HSA Administrator For The Benefit Of (Name Of Sterling Accountholder)".

Once the joint brokerage account has been established, Sterling will transfer funds from the HSA account to the joint brokerage account upon completion of the Transfer of Assets Form.