I read your article about health savings accounts and have a question. I have been fully funding my HSA, paying medical expenses out of pocket and planning to reimburse myself in the future with tax-free HSA dollars. Recently, my employer switched to an HSA provider that only offers a low-interest savings account and no other investing options. Are there other options for investing the money?
See Also: 50 Ways to Cut Your Health Care Costs
You aren’t trapped by your employer’s limited investing options. As long as you have an HSA-eligible health insurance policy (with a deductible of at least $1,300 for individual coverage or $2,600 for family coverage in 2016), you can contribute to an HSA with any account administrator, whether it is offered through your employer or it is an HSA you sign up for on your own. But if your employer only lets you contribute to one administrator’s HSA through payroll deduction, it’s usually best to continue making new contributions to that account, even if it doesn’t have the best long-term investing options.
Top New Stocks To Invest In 2017: American Assets Trust, Inc.(AAT)
American Assets Trust, Inc., incorporated on July 16, 2010, is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in high-barrier-to-entry markets in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The Company operates through four segments: retail, office, multifamily and mixed-use. The Company’s portfolio consists of approximately 10 retail shopping centers; over seven office properties; a mixed-use property consisting of approximately 370-room all-suite hotel and a retail shopping center, and approximately five multifamily properties. The Company owns land at over five of its properties that it classifies as held for development and construction in progress. The Company’s markets include San Diego; the San Francisco Bay Area; Portland, Oregon; Bellevue, Washington, and Oahu, Hawaii.
The Company’s retail segment includes rental of retail space and other tenant services, including tenant reimbursements, parking and storage space rental. The Company’s retail properties include Carmel Country Plaza, Del Monte Center, Carmel Mountain Plaza, Geary Marketplace, South Bay Marketplace, The Shops at Kalakaua, Waikele Center, Lomas Santa Fe Plaza, Alamo Quarry Market and Solana Beach Towne Centre.
The Company’s office segment products include rental of office space and other tenant services, including tenant reimbursements, parking and storage space rental. The Company’s office properties include Torrey Reserve Campus, Lloyd District Portfolio, Solana Beach Corporate Centre, City Center Bellevue, The Landmark at One Market, One Beach Street and First & Main.
The Company’s multifamily segment products include rental of apartments and other tenant services. The Company’s m ultifamily properties include Loma Palisades, Imperial Beach! Gardens, Mariner’s Point, Santa Fe Park RV Resort and Hassalo on Eighth. The multifamily portfolio includes over four apartment properties, as well as an RV resort with a total of over 1,580 units (including approximately 120 RV spaces), which are available for lease. Approximately 73.4% of these properties are leased.
The Company’s mixed-use segment products include rental of retail space and other tenant services, including tenant reimbursements parking and storage space rental and operation of approximately 370-room all-suite hotel. The Company’s mixed-use property includes Waikiki Beach Walk Retail and Embassy Suites Hotel. The mixed-use property consists of approximately 97,000 rentable square feet of retail space. The retail portion of the property is approximately 100% leased.
- [By Markus Aarnio]
Owens Realty Mortgage’s competitors include American Assets Trust (AAT), Alexandria Real Estate Equities (ARE) and Boston Properties (BXP). American Assets Trust has seen five insider buy transactions and four insider sell transactions this year. American Assets Trust has a dividend yield of 2.78%. Alexandria Real Estate Equities has seen 14 insider sell transactions this year. Alexandria Real Estate Equities has a dividend yield of 4.10%. Boston Properties has seen one insider buy transaction and four insider sell transactions this year. Boston Properties has a dividend yield of 2.43%.
Top New Stocks To Invest In 2017: Key Tronic Corporation(KTCC)
Key Tronic Corporation, doing business as KeyTronicEMS Co., together with its subsidiaries, provides electronic manufacturing services (EMS) to original equipment manufacturers primarily in the United States, Mexico, and China. Its EMS services include product design, surface mount technologies for printed circuit board assembly, tool making, precision plastic molding, liquid injection molding, automated tape winding, prototype design, and full product builds. The company also manufactures keyboards and other input devices for personal computers. Key Tronic markets its products and services primarily through its direct sales department aided by field sales people and distributors. The company was founded in 1968 and is headquartered in Spokane Valley, Washington.
- [By Lisa Levin]
Computer Peripherals: This industry rose 2.21% by 10:15 am ET. The top performer in this industry was Key Tronic (NASDAQ: KTCC), which gained 0.3%. Key Tronic’s trailing-twelve-month ROE is 14.57%.
10 Best Shipping Stocks To Watch Right Now: New York & Company Inc.(NWY)
New York & Company, Inc., together with its subsidiaries, operates as a specialty retailer of women’s fashion apparel and accessories in the United States. The company offers a range of wear-to-work, and casual apparel and accessories, including pants, jackets, knit tops, blouses, sweaters, denim, T-shirts, activewear, handbags, and jewelry. It sells its products under the New York & Company, Lerner, Lerner New York, New York Style, City Stretch, City Style, and NY&C brand names. The company sells its branded merchandise through its network of retail stores and E-commerce store at nyandcompany.com. As of March 15, 2012, it operated 532 stores in 43 states. The company, formerly known as NY & Co. Group, Inc., was founded in 1918 and is headquartered in New York, New York.
- [By Monica Gerson]
New York & Company, Inc. (NYSE: NWY) shares dropped 42 percent to $1.72 after the company reported downbeat Q1 results and issued a weak Q2 forecast.