Take control of your healthcare savings with a self-directed Health Savings Account (HSA). Account holders at Directed IRA can invest their HSA in alternative assets like real estate, crypto, private lending, private funds, and more.
A Health Savings Account (HSA) is a triple tax advantaged savings account designed for individuals with High-Deductible Health Plans (HDHPs). It allows account holders to contribute pre-tax dollars, which can be used to pay for qualified medical expenses.
Triple Tax Advantage
• Contributions to your HSA are tax-deductible.
• Investment growth inside of your HSA grows tax-free.
• Withdrawals for eligible expenses are tax-free.
Self-Directed HSAs expand these abilities by allowing account holders to manage and invest their HSA funds outside of stocks, bonds, mutual funds, and ETFs. This opens the door to a long list of popular investment types not approved by the majority of HSA providers (real estate, crypto, notes, funds, etc.).
Like Traditional IRAs, contributions are tax-deductible, reducing your taxable income. At the same time, they provide tax-free growth and tax-free withdrawals for eligible medical expenses, similar to the benefits of Roth IRAs. This unique structure makes the HSA a powerful tool for both short-term and long-term financial planning.
Can I self-direct my existing HSA?
An HSA can only invest in alternative assets if your custodian allows it. All account types at Directed IRA, not just HSAs, can be self-directed into alternative assets. Directed IRA is an industry-leading provider of self-directed accounts and has more than 1,000 5-star reviews. Transferring your existing HSA funds to a new Self-Directed HSA is also a straightforward process, which you can learn more about here.
Open a Self-Directed HSA
• New HSAs can be opened in less than 5 minutes using our online portal. Fill out a new account application or book a call to speak to our team, go over your questions, and get started.
Fund Your Account
• Fund your new account by initiating an account transfer, rollover, or direct contribution (ACH, Check, Wire).
Start Investing
• Account holders at Directed IRA can invest in any asset allowed by law. This includes alternative assets like real estate, funds, precious metals, private equity, and more.
Absolutely. A self-directed HSA takes the flexibility of traditional HSAs one step further, allowing you to invest in alternative assets like real estate, and private equity. For instance, imagine using your HSA to invest in a private real estate fund. The income and appreciation from that investment grow tax-free within the HSA, giving you unparalleled growth potential. Directed IRA specializes in helping account holders self-direct their retirement and savings accounts so they can invest in what they know.
Self-directed HSAs allow you to invest in alternative assets like real estate and private companies, while brokerage HSAs typically limit you to cash or mutual funds. Self-Directed accounts, often called SDIRAs, are ideal for individuals seeking greater autonomy in their investment strategy and those who are comfortable with the additional complexity and risks involved.
Transfers from an existing HSA to a new Self-Directed HSA are typically done as a trustee-to-trustee transfer to avoid tax penalties and maintain the account’s tax-advantaged status. Once you’ve opened a new HSA account at Directed IRA, visit our Fund Account page to learn more about different funding options and log in when you’re ready to make a transfer request. Our team will then process your HSA transfer and deposit funds in your account. When you’re ready to place an investment, visit our Invest Account page to get started.
How much you can contribute to your HSA depends on various factors, such as the type of HDHP coverage you have, your age, and the specific dates you qualify or no longer qualify as an eligible individual. Contribution limits for HSAs are set by the IRS and may adjust annually, so always check for the latest updates. For 2025, the contribution limits are as follows:
New to self-directed retirement accounts? These resources are designed to help you understand the fundamentals and get started the right way.
Access curated webinars, guides, and educational content covering investment options, account structures, and the rules that govern self-directed IRAs.
Mat Sorensen, Attorney, CEO, and Founder of Directed IRA, wrote the #1 book on self-directed IRAs – selling over 50,000 copies nationwide. The Self Directed IRA Handbook is a comprehensive guide written for both investors and advisors alike. Get access to your SDIRA Handbook resources today!
Mat Sorensen, Attorney, CEO, and Founder of Directed IRA, wrote the #1 book on self-directed IRAs – selling over 50,000 copies nationwide. The Self Directed IRA Handbook is a comprehensive guide written for both investors and advisors alike. Download your free copy today!
