Avalon Healthcare Offering Vanguard Mutual Funds for HSA Compatible Plans; Expansion of Investment Offerings Gives Members Options Beyond Bank Savings Accounts.TAMPA, Fla. -- As more and more Floridians move their healthcare to consumer directed health plans that are often connected to health savings accounts A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit. (HSAs), they are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. investments options that may provide better returns than bank savings accounts Savings Account A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates. Notes: . To help its Members broaden their investment choices and increase rates of return on HSA HSA Health Savings Account (US) HSA Human Serum Albumin HSA Human Services Agency (Nevada) HSA Health Services Agency HSA Health and Safety Authority (Ireland) investments, Avalon Healthcare has added access to the Vanguard Vanguard Any of three unmanned U.S. experimental satellites. Vanguard I (1958), the second U.S. satellite placed in orbit around Earth (after Explorer 1), was a tiny 3.25-lb (1.47-kg) sphere with two radio transmitters. family of no-load mutual funds No-load mutual fund An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee. to its offerings. Managed on behalf of Avalon by Health Savings Administrators of Richmond, VA., 20 Vanguard funds are now available in addition to standard bank savings account options offered by Avalon through HSA Bank. The Vanguard Funds each have distinct investment management objectives, strategies, risks and policies. The breadth of funds runs from more conservative "bond" and "balanced" funds to more aggressive "growth" and "international" funds. Vanguard No Load Mutual Funds are among the lowest cost offerings available. "Federal regulations allow HSA plan holders the flexibility to invest their savings dollars in a number of financial instruments, including mutual funds," notes John Vellines, president of Health Savings Administrators. "While there is risk in mutual funds, they potentially can earn an investor considerably more return on their money than just keeping it socked away in a bank checking account." "Avalon is providing the tools its Members need to maximize their healthcare benefits," said Charles O'Neill Charles O'Neill (March 21, 1821 – November 25, 1893) was a Republican member of the U.S. House of Representatives from Pennsylvania during the American Civil War and Reconstruction. O'Neill was born in Philadelphia. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Avalon. "Consumer directed health care provides distinct advantages to Members in terms of managing their own healthcare and funding options. Funds like Vanguard give the Member the kind of respected financial tools to responsibly build for future healthcare expenditures." Florida based Avalon Healthcare is an innovative new health insurance company offering consumer directed health plans to employers and individuals who need affordable healthcare and live and work in Florida. Based in Tampa, the Company is quickly becoming one of the most well-respected, quality health plans available statewide. http://www.avalonhealthcare.com Health Savings Administrators is the largest provider of no-load mutual funds for HSA in the nation. Established in 1997, their experience and expertise is unsurpassed. They are pleased to be partnering with Avalon Healthcare to provide a premier program for Florida. http://www.hsaadministrators.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion