For clients who wish to open a Health Savings Account (HSA) with Lively and then create a Charles Schwab Health Savings Brokerage Accounts (HSBA) to invest the funds in their HSA through MLW, below are the steps to accomplish that setup.

Open a new HSA at Lively

• Navigate to https://livelyme.com/ and click the “Open a New Account” button. 
• Choose “I'm an individual eligible for an HSA and not enrolling through my employer” option.
• Follow the guided process to create a username and password and open the account.
• Review more information at Lively's HSA Getting Started page. 

Open an HSBA investment account through Lively's partnership with Charles Schwab

Summary instructions:

• From the Lively Dashboard, click the 3-lines menu to open more options.
• From the Investments screen, click on “Get started” for the Schwab Health Savings Brokerage Account option.
• Follow the steps with Lively and Charles Schwab to open your account. 
• When you receive your new Charles Schwab account number (XXXX-XXXX) make sure to write that account number down and send it to your MLW Planning team via the MLW Portal. 
  • Charles Schwab will not automatically link with your portfolios through MLW so we must use your new account number to establish the new account grouping.