financialHealth Savings Account
#RI-69ba7199·4 months ago·
1
“To evaluate the impact of HealthEquity's fees vs. sweeping funds to a no-fee provider”
What Actually Happened
Modeling the 30-year impact of HealthEquity's fees vs. sweeping funds to a no-fee provider showed that the $10/month fee cap limits the overall compounding drag in a material way
What I wish I knew
"The fee cap has a significant impact on the overall compounding drag"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider the fee cap when evaluating the impact of HealthEquity's fees vs. sweeping funds to a no-fee provider"
Regret Index
2/10
Positive or neutral outcome.
Would make the same decision again.
Would make the same decision again.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
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financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
35%
of financial decisions land in the settled band the same as this one.
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