Fact Based List:
5 Takeaways, 2019 Bank of America Workplace Benefits Report, HSA Business Trends
Submitted by gmccalister on Thu, 12/12/2019 - 09:51
- Millennials are the greatest users at (37%)
- Gen Xers are the second greatest users at (36%)
- Baby Boomers make use of HSAs the least at (26%)
- Over the last four years, we saw the greatest growth in health savings account usage among Millennials, with a 40% increase in the number of accounts held by this generation.
- Over the last four years, BofA average balances in HSAs have increased more than 40%, up from approximately $2,300 in 2015 to around $3,250 in 2019.
Source: Bank of America
Source URL: https://www.benefitplans.baml.com/publish/content/applicatio...
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