As part of continued efforts to improve how you access and use your Thermo Fisher Scientific benefits, the service provider for our Health Savings Account (HSA), Flexible Spending Accounts (FSA) and Commuter Benefits will transition to Fidelity Investments® effective January 1, 2025.
Please review each tab above or box below to learn more about the upcoming changes, key dates and necessary actions. Additional transition details, educational resources and frequently asked questions for each of the benefits are also available.
With Fidelity, you have access to:
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An integrated account experience to view your 401(k), ESPP, Equity Compensation Awards, HSA, FSAs and Commuter Benefits, if applicable, all under one login. |
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The No. 1 HSA among 10 of the largest HSA providers.1 |
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A broad range of investment options for your HSA—and offerings with low-fee investments.2 |
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A money market default fund—HSA contributions without an investment election on file are placed in a Fidelity® Government Cash Reserves† account to help you grow your money. |
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A $0 investment minimum for the HSA, meaning you can start investing with your first dollar ($1).3 |
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Easy-to-use tools and applications to help you plan, evaluate and track your finances so you’re always in the know. |
†You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund’s sponsor, are not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.
Fidelity’s government and U.S. Treasury money market funds will not impose a fee upon the sale of your shares.
Review the important key dates to be prepared for the transition of the HSA, FSAs and Commuter Benefits to Fidelity.
Review important action items required to participate in the Health Savings Account and Commuter Benefits for 2025.
Review important information about the HSA transition to Fidelity and managing your account once the transition is complete.