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2023 was boom year for health savings accounts
Devenir reports that HSAs saw robust growth in invested assets last year, along with increases in contributions and withdrawals.
House bill to double HSA limits slammed as perk for wealthy
Opponents say the legislation would do little to help most people.
$116 billion saved in HSAs, Devenir finds
Asset and investment growth in health savings accounts was strong during the first half.
Growth in HSAs robust in 2022, study shows
At the end of last year, approximately $104 billion was saved in 35.5 million health savings accounts, a year-over-year increase of 6% for assets and 9% for accounts, a Devenir survey shows.
HSA assets hit $100 billion
As of January, there were 33 million health savings accounts, according a Devenir study.
HSA assets hit $92.9 billion through first half
The year-over-year increase in assets in health savings accounts is 26%, while the number of accounts now totals 31 million, up 6%.
Investments becoming a bigger chunk of HSA assets
The invested money reached $23.8 billion at the end of 2020, up more than 51% from the $15.7 billion seen at the end of 2019, according to a report Monday from HSA research and consulting firm Devenir.
