4 ms·
Kind of a niche use case, but BRK.B is nice if you want a single stock that is relatively diversified, kinda mirrors the greater market, and doesn't pay dividen
by Rebelgecko 11mo ago
Kind of a niche use case, but BRK.B is nice if you want a single stock that is relatively diversified, kinda mirrors the greater market, and doesn't pay dividends.
My employer uses a shitty HSA provider (Healthequity) who doesn't provide any sort of tax reporting, and I live in a state that taxes HSAs. Investing in BRK.B instead of a broad fund is a bit riskier, but it saves me from spending an hour tabulating individual transactions when I do my taxes
- lotsofpulp 11mo agoYou can easily transfer (or rollover) HSA funds from HealthEquity ti Fidelity. Do it at as many times as you want, but at least once per year should suffice. You don’t even have to send anything to HealthEquity, if I recall correctly. Just send Fidelity the Transfer of Assets form and they do it all: http://fidelity.com/toa http://fidelity.com/toa I would make sure all the funds in HealthEquity are cash though, just to make things easier and reduce error.
- Rebelgecko 11mo agoHealthEquity charges a fee to do this which is very annoying. I think you can avoid it with an indirect rollover but you have to space those 365 days apart (not just in different years) and I prefer to not deal with the bookkeeping