It's another Q&A edition of Optimal Finance Daily, episode 1614, and I'm your host and

personal finance enthusiast, Diana Mariam. We're going to change it up like I do about once

a month or so and address some audience questions. A quick disclaimer though, just like all the content

shared here, this is for informational and entertainment purposes only, or infotainment if you will.

I'm not a certified financial planner and I encourage you to take my opinions with a grain of salt.

And if you want to send a question and to be answered here on the show, just send a message to

finance at OLDPodcast.com. But for now, let's get to today's questions and start optimizing your life.

Our first question comes from Jessica, who says,

My question is about HSAs and how to invest that money. More specifically, my husband and I

recently opened an HSA through Lively, which gives us TD Ameritrade as our investment account.

We've made deposits into the HSA and transferred $1,000 of it for now into TD Ameritrade.

But now I don't know what to do. It looks like I have to pick the stocks I want to buy and decide

how many. Help, I have no idea what I'm doing here and it's certainly overwhelming to look at

all the different prices and options. It all seems like a different language. Could you provide

a little guidance on where to begin? Thanks so much for your question, Jessica, and congrats on

opening an HSA. An HSA or Health Savings account is a fantastic investment vehicle that not

enough people know about. You're eligible to open an HSA if you have a high deductible health

insurance plan. And while it's designed to help you cover health care costs, the money you save

in your HSA can also be invested. The cool thing about HSAs is that the money is invested pre-tax.

It grows tax-free and it can be used for eligible health care costs without paying taxes or penalties.

Also, after age 65, you can use HSA funds for anything penalty-free. You'll just need to pay

income tax on it similar to any other tax-deferred retirement vehicle. So back to your specific

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