Confirm your HSA allows investing
Keep enough cash for near-term medical expenses
Review fees, minimums, and investment options
Choose a simple low-cost portfolio
Use broad index funds or ETFs
Match risk level to your time horizon
Reinvest dividends and capital gains
Automate contributions and investments
Monitor allocation periodically
Rebalance when needed
Avoid frequent trading
Keep receipts for qualified medical expenses
Consider paying medical bills out of pocket and saving HSA funds for later
Use HSA funds strategically for long-term tax advantages
Coordinate HSA investing with your overall retirement plan