. Going from 3% to 1% is quite a drastic move. Oh well, looks like it's time to move my money to HSABank.
Adirondack HSA APY down to 1%
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Adirondack HSA APY down to 1%
The only reason I found out that they dropped the APY starting January 1st is the mighty Google Finance API. I have a spreadsheet with the key rates for all my savings accounts and today I decided to look at it and there it is -1%. . Going from 3% to 1% is quite a drastic move.
Oh well, looks like it's time to move my money to HSABank.
. Going from 3% to 1% is quite a drastic move. Oh well, looks like it's time to move my money to HSABank.
Last edited by foglifter on Sat Jan 05, 2013 2:30 am, edited 1 time in total.
"Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve."
- Talmud
- Talmud
Re: Adirondack HSA APY down to 1%
HSABank is down to 0.90%, so not much better there either.
The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.
- H. L. Mencken
- H. L. Mencken
Re: Adirondack HSA APY down to 1%
The primary perk of HSABank is the investment feature through TD Ameritrade. I'm going to keep 5K in the core account at 0.60% (to avoid any fees) and invest the rest. Buying TLT (to avoid California taxes) would be a no-brainer, although with 100 zero-commission ETFs to choose from I could do a full-blown separate PP or VP or whatever.rocketdog wrote: HSABank is down to 0.90%, so not much better there either.
My credit union pays 1.25% on HSA accounts, so I keep that in mind as plan B.
"Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve."
- Talmud
- Talmud
-
WildAboutHarry
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Re: Adirondack HSA APY down to 1%
That is what I'm doing. No complaints so far.foglifter wrote:The primary perk of HSABank is the investment feature through TD Ameritrade. I'm going to keep 5K in the core account at 0.60% (to avoid any fees) and invest the rest.
It is the settled policy of America, that as peace is better than war, war is better than tribute. The United States, while they wish for war with no nation, will buy peace with none" James Madison