Can assets held in mutual funds be used to pay for my eligible HSA claims?
A. HSA assets invested in mutual funds cannot be directly accessed to cover medical claims. If you wish to use mutual funds to pay for a claim, you must first sell shares of the fund and then transfer the proceeds into your HSA deposit account at OptumHealth Bank. It is important to note that assets invested in mutual funds will not be automatically sold and transferred back into your HSA deposit account. Only you, the account holder, can initiate an order to sell mutual fund shares.
