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RealAge answeredTwo B vitamins can help raise HDL (good) cholesterol: niacin (B3) and pantothenic acid (B5). Talk to your doc before taking a niacin supplement. It works, but it can also have side effects, including liver damage and intense hot flushing. (You can reduce those flushes by taking niacin on a full stomach or taking two baby aspirin with a full glass of water 1 hour beforehand). A supplement containing 300 mg of B5 can also help increase your HDL cholesterol.