HealthEquity HSA vs Lively HSA
Side by side on the numbers that decide it. The Money 8020 Score already weighs these — this is the receipts.
H HealthEquity HSA HealthEquity 81/100 | Money 8020 pick L Lively HSA Lively 96/100 | |
|---|---|---|
| Tier | Strong | Essential |
| Best via | Employer plans | $0 |
| Investing | Funds + brokerage | Schwab self-directed |
| Admin fee | Often employer-paid | $24/yr |
| Cash insurance | FDIC at custodian | FDIC at custodian |
| Annual fee | — | — |
| Best for | Employees whose company offers HealthEquity as the HSA custodian | Individuals who want a no-fee HSA they open themselves |
| View profile | View profile |
Which should you choose: the HealthEquity HSA or the Lively HSA?
The Lively HSA is the stronger pick of the two, with a Money 8020 score of 96/100 versus 81. Choose the HealthEquity HSA instead if employees whose company offers HealthEquity as the HSA custodian.
On best via, the HealthEquity HSA shows Employer plans versus the Lively HSA's $0. On investing, the HealthEquity HSA shows Funds + brokerage versus the Lively HSA's Schwab self-directed. On admin fee, the HealthEquity HSA shows Often employer-paid versus the Lively HSA's $24/yr. Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
HealthEquity HSA vs Lively HSA: FAQ
Is the HealthEquity HSA or the Lively HSA better?
By our scoring, the Lively HSA edges ahead with a Money 8020 score of 96/100 versus 81. The HealthEquity HSA can still be the better fit if employees whose company offers HealthEquity as the HSA custodian.
What is the main difference between the HealthEquity HSA and the Lively HSA?
On best via, the HealthEquity HSA offers Employer plans while the Lively HSA offers $0. Review the full table above and confirm current terms with each provider. This is not financial advice.