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Lively

Invest in a Health Savings Account with no hidden fees.
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Snapshot

Open to US Investors

Robo Advisor

+29.60%

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200+ Employees

With experience across health insurance, investment banking, and corporate development.

Varied

Target Return

Depending on the HSA plan, size, or assets invested in.

High

Liquidity

Users can sell any time

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200+ Employees

With experience across health insurance, investment banking, and corporate development.

How You Earn

Growth + Income

Invest From

$1

Invest in

Stocks & Robo Advisor

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200+ Employees

With experience across health insurance, investment banking, and corporate development.

Open to US Investors

Top Perks of Investing in a Health Savings Account

Making tax-free HSA withdrawals for qualified medical expenses.

Choose from a variety of investment options, like stocks, bonds, mutual funds, and ETFs.

Keep your HSA balance year-to-year with no "use-it-or-lose-it" policy.

Making HSA withdrawals for non-medical expenses without a penalty after age 65.

Grow your funds tax-free. Earnings in your HSA from interest and investments are tax-free. This makes an HSA a great way to save for the future, as you won’t be paying tax on your money as it grows.

Can I trust Lively?

Lively is backed by Venture firms like B Capital Group and Costanoa Ventures.

Hundreds of Thousands

# of Users

$120M+

Amount Raised

1,000+

Offerings

# of Users

Hundreds of Thousands

Amount Raised

$120M+

Offerings

1,000+

Hundreds of Thousands

# of Users

$120M+

Amount Raised

1,000+

Offerings

Overview

In 2020, the HSA market was estimated to worth $77.8 billion. By the end of 2021, the HSA market grew 27% year-over-year. This growth demonstrates the increasing demand for tax-advantaged healthcare savings and investment vehicles to support long-term financial goals.

 

Lively stands out as a leading benefits solutions provider with a mission to simplify and enhance the way people save and spend their healthcare funds. By providing integrated investment solutions, Lively empowers investors to build and manage portfolios tailored to their unique financial goals while offering distinctive features, such as accessible investment options, seamless transfers, and exceptional customer support.

High Growth

9% growth in HSA accounts created in 2022

High Correlation

0.9345 correlation to the S&P 500

Equity

Ownership in stocks, bonds & ETFs

Lively Pros & Cons

The Good
  • A Health Savings Account with no hidden fees.

  • Provides investment options through partnerships with Charles Schwab and Devenir.

  • No minimum balance required.

  • No hidden fees.

  • Web access plus mobile app.

The Not-So-Good
  • Users must be enrolled in a qualifying high-deductible health plan (HDHP), which may not suit everyone's healthcare needs.

  • Lively's HSA may not always synchronize with a user's employer benefits plans, requiring users to manage their HSA independently.

Lively Track Record

FDIC-Insured

Up to $250k

4.8/5 Star Rating

#1 user rated HSA

$1 Billion+

AUM

Held In HSA assets

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Robo Advisor Returns Calculator

Calculate how much you can earn by investing in Robo Advisor. Results vary based on the investment amount, term, and other conditions.

$
%
years
$
Frequency
Monthly

Invested

$2,200

Projected Fees

$11.88

Projected return

$164.12

Value after fees

$2,364.12

How it Works

Here’s how Lively helps investors save and invest with HSA:

Here’s how Lively helps investors save and invest with HSA:

1

Create a Lively HSA account

Visit the Lively site and sign up for a free Health Savings Account (HSA). Complete the required personal and financial information, which typically includes your name, Social Security number, date of birth, and contact details. If you are opening an HSA through an employer-sponsored plan, your employer will likely provide enrollment instructions.

2

Fund your HSA

Once your HSA is set up, deposit funds into your account. Contributions can be made via pre-tax payroll deductions, direct transfers from your bank account, or by rolling over funds from a previous HSA.

3

Choose Your Investment Options

Lively offers two investment options to grow your HSA funds: the Schwab Health Savings Brokerage Account (self-directed) and the HSA Guided Portfolio by Devenir (guided). Assess your risk tolerance, financial goals, and investment preferences to choose the option that suits you best.

4

Start Investing and Managing Your Portfolio

Once your funds are transferred to your chosen investment platform (Schwab or Devenir), start building and managing your investment portfolio by selecting stocks, bonds, mutual funds, or ETFs. Periodically review your allocation to ensure it aligns with your objectives and risk preferences. Make adjustments as needed to stay on track with your financial goals.

See inside MoneyMade’s 6-figure multi-asset portfolio

6-Figures

12+ Assets

50+ Platforms

4yr+ Returns

How You
Make Money

Investing in a Health Savings Account (HSA) provides multiple financial benefits, including the ability to withdraw money tax-free for eligible healthcare expenses. Additionally, the funds in an HSA can be invested in various options like stocks, bonds, mutual funds, and ETFs. The balance in an HSA account carries over to the next year with no time limit for use, which is not the case for other healthcare savings accounts. After age 65, HSA withdrawals for non-medical expenses are penalty-free, offering financial flexibility to seniors. Moreover, interest and investment earnings on the HSA balance are tax-free, leading to significant savings and making it a lucrative option to save money for the future.

Through Lively's HSA investment options through Charles Schwab or Devenir, users can make money when they either sell their investment or receive cash dividends from their holdings (which can be reinvested).

Primary Sale

Selling a stock or ETF

Interest Payments & Dividends

From bonds & dividend stocks

How Lively
Makes Money

Lively makes money through fees associated with its HSA investment options: 

1- Health Savings Brokerage Account (by Charles Schwab): offered two ways to set up your Schwab HSBA account. You can either invest with no minimum restrictions after a $24 annual fee from Lively or invest anything above $3,000 in your cash account for no additional fee from Lively. (Additional investment fees from Charles Schwab may apply.)

2- HSA Guided Portfolio (by Devenir): Lively charges a 0.50% annual management fee for access to investment capabilities through the HSA Guided Portfolio by Devenir, including automated features such as rebalancing. The fee is based on invested assets and debited quarterly.

$0 or $24

Fee Per Year

For Schwab Health Savings Brokerage Accounts

0.05%

Fee Per Year

On assets invested through the HSA Guided Portfolio by Devenir

How You’re Taxed

HSAs have a triple-tax advantage:

- HSA contributions are tax-free. For example, if your tax rate is 22 percent, and you contribute the maximum amount for 2022, which is $3,650 for an individual, and $7,300 for a family, you could save $803 and $1,606 respectively, in tax payments. If you’re over 55 and not yet enrolled in Medicare, you can contribute an additional $1,000 per person, per year. That’s an additional $220 in tax savings.

- HSAs grow tax-free. This makes HSAs a great tool to save money for the long term, including for retirement. As you contribute money over the years you won’t be hit with tax bills along the way, so you can continue building up a nest egg for later in life.

- HSA distributions for qualified healthcare expenses are tax-free. There are myriad qualified expenses, including co-pays, prescription drug costs, and your deductible. If you bought a traditional healthcare plan your annual deductible may be lower, but you would have to pay for it, and other medical expenses, with after-tax money

0-31.8%

Capital Gains & Income Tax

Investments held for >1 year benefit from long-term cap gains tax

Meet the Team

Lively has over 200 employees with experience across health insurance, investment banking, and corporate development.

Alex Cyriac, the CEO and co-founder is an experienced entrepreneur with years of investment banking, corporate development, and M&A experience. He was Head of Operations at JustWorks, Vice-President, Business Development at WorldPay, and Business Development Manager at Global Collect.

Lively

Here's what you'll need to invest on Lively

US residents
Accredited & non-accredited investors
US residents
Accredited & non-accredited investors

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