HSA Account Holder, 6 Key Findings
Submitted By gmccalister, Created 11/17/2021 - 11:24
- The majority of HSA account holders are using their accounts to focus on yearly and expected tax-advantaged healthcare spending.
- The most investment-savvy HSA account holders are focused on maximizing their HSAs for retirement.
- Cash balances remained flat from 2020, but average spend increased for some groups and decreased for others.
- Debit card spending fell slightly in 2021.
- Families have higher HSA cash balances and utilize HSA investments more than individuals.
- 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