Back again, I finally have enough in my HSA account through Optum Bank to begin investing… and I am confused. So when I follow the link to begin investing I am only offered service through Betterment or the purchase of Mutual funds. I choose Betterment and when reading all the pages prior to opening I see “You will be charged an annual fee of 0.50% of your HSA balance that Betterment manages, which includes fees for Betterment and Optum Bank.” This is not good, and unexpected? I see on this blog and through the course Fidelity is a popular brokerage. Do they also charge a similar fee?
I am also confused by the presentation of all these fund options in “my available funds.” When I click on them it simply takes me to the MorningStar reports. I assume if I create my account through Betterment then I can choose one to invest. I just haven’t created the account with Betterment because of that fee mentioned above. Thank you always to this community!