General Motors has announced changes to the investment menu within the Health Savings Account (HSA). Several of the available options in the plan will transition to a new "institutional" share class between June 23rd and June 25th.
The new institutional share class for each mutual fund investment option provides the same investment strategy and risk, but the overall expenses for the investment option will be lower. New fund codes and ticker symbols are associated with the new share class.
If you have questions regarding how these changes may affect your HSA portfolio or your investment option selection within the GM HSA, don’t hesitate to contact Mainstay toll-free at 1‑866‑444‑6246.