MissionSquare expands its Retirement Health Savings plans with the launch of Self Directed Brokerage Accounts

Washington, D.C. — MissionSquare announced today an expansion of the firm’s Retirement Health Savings (RHS) Plan with the launch of a new Self‑Directed Brokerage Account (SDBA) offering. The solution, now available to MissionSquare’s nearly 1,200 participating RHS employer plans, provides participants with enhanced investment flexibility to support their long‑term financial and health savings goals.

“The launch of our Self‑Directed Brokerage Account marks an exciting milestone in the evolution of our Retirement Health Savings offering, giving participants greater choice, flexibility, and control to tailor their investment strategy to their unique needs and long‑term goals,” said Jeff Gibson, chief product strategy officer at MissionSquare. “As health care costs continue to rise, providing individuals with more robust investment options within their Retirement Health Savings plan is critical. Launching this brokerage feature reflects our commitment to delivering solutions that help strengthen the financial security of the customers we serve.”

According to recent industry research, about four in 10 retirees say their health care expenses are higher than expected.¹ As rising medical costs continue to be a concern, RHS plans offer an opportunity for employees to accumulate tax‑advantaged funds during their working years and be better prepared for future medical expenses, including health insurance and out‑of‑pocket medical costs.

MissionSquare’s RHS participants currently have access to several investments including actively managed funds, target‑risk funds, index funds, stable value, and target‑date funds. With the addition of the SDBA, participants now have expanded choice and more control, including:

• Broader investment access: A wider range of investment options beyond the core RHS lineup, including mutual funds, exchange‑traded funds, individual stocks, and fixed‑income securities.
• Greater flexibility: The ability to tailor one’s portfolio based on risk tolerance, personal goals, and market opportunities.
• More tools and resources: A robust platform featuring online tools, investment education, and specialized support through the new SDBA solution.

“As an organization, we remain focused on providing more personalized and flexible solutions for individuals preparing for all aspects of their financial life,” added Gibson. “We look forward to building on this momentum as we expand our solution set with new tools, more innovative technology, and greater resources to help individuals prepare for a more secure financial future.

As a company rooted in service, investments, and technology, MissionSquare will continue introducing new solutions throughout 2026 aimed at improving financial outcomes for the customers it serves.

 

About MissionSquare

Since its founding in 1972, MissionSquare has remained committed to delivering on its mission to help all individuals and their families build financial security. As a mission-based financial services company, we manage and administer $73.9 billion in assets.² Our commitment to delivering outstanding service, effortless technology, and quality investments sets us apart. For more information, visit www.missionsq.org.

¹ Employee Benefit Research Institute (EBRI) and Greenwald Research, “2025 EBRI/Greenwald Retirement Confidence Survey Summary Report,” April 24, 2025.

² Assets are as of Dec. 31, 2025, and include 457(b) plans, 401(a) plans, 403(b) plans, Retirement Health Savings plans, Employer Investment Program plans, affiliated IRAs, and investment-only assets.

Media Contact:

Laura Maulucci
MissionSquare
(202) 655-5420
LCMaulucci@missionsq.org