HSA Account Holder, 6 Key Findings

1. The majority of HSA account holders are using their accounts to focus on yearly and expected tax-advantaged healthcare spending.
2. The most investment-savvy HSA account holders are focused on maximizing their HSAs for retirement.
3. Cash balances remained flat from 2020, but average spend increased for some groups and decreased for others.
4. Debit card spending fell slightly in 2021.
5. Families have higher HSA cash balances and utilize HSA investments more than individuals.
6. Individual accounts had higher balances, in both cash and investments, than employer-sponsored accounts.

Source: BusinessWire, November 2, 2021
Source URL: https://www.businesswire.com/news/home/20211102005319/en

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