MassMutual
Quick Summary
- Major financial services firm
- Mutual fund investing
- Workplace benefits integration
The Verdict
MassMutual offers a solid foundation with zero monthly maintenance fees and mutual fund investing, earning a 3/5.0 rating from HSA Orbit.
MassMutual was founded on May 15, 1851. And from the beginning, we’ve had a single purpose: to help people secure their future and protect the ones they love. More than 160 years later, that commitment remains our guiding principle. It’s behind everything we do and every decision we make. It’s how we continue to deliver products and services to help our policyowners and customers achieve their financial goals, and protect those who matter most.
Key Features
Banking & Access
Includes debit card and check-writing.
Investment Options
Offers mutual fund investing.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
Requires $0.01 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $0.00 | $0.69 | EXCELLENT |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
* Not disclosed - Contact provider
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Mutual Fund Investing
Access mutual fund investments through your HSA with MassMutual.
- Minimum Threshold$1,000
- FeesMutual fund platform (no brokerage, CDs, or other options)
Interest Rates
Interest rates are not currently available for this provider.
Contact Information
Address
[email protected]
Customer Service
At a Glance
Pros & Cons
The Good
- •No monthly maintenance fees
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •$1,000 minimum to invest
- •No online banking
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
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