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Can I have the investment option account through Synovus Securities, Inc. without opening a regular HSA with the bank?

April 26, 2017account Bank HSA Investment opening option regular securities synovus

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Can I have the investment option account through Synovus Securities, Inc. without opening a regular HSA with the bank?

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No, you must establish an HSA with The National Bank of South Carolina first. A brokerage account will be established for your mutual fund investments in addition to your regular HSA; it will not be set up to handle any debits or checks that are written for your qualified medical expenses.