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Fidelity hits HSA record amid assets, adoption boom
Firm is now the second-largest provider of health savings accounts, with HAS assets quadrupling to $24B since 2020.
Time for businesses to personalize benefit plans?
Franklin Templeton poll reveals workers’ focus on health and retirement benefits, including HSAs, 401(k) options, and target-date strategies.
HSAs as investments on the rise, but use still low
Few people are taking full advantage of the 'triple tax benefits' of health savings accounts, according to EBRI research.
HSA balances continue to grow along with usage
EBRI research reveals the benefits of matching contributions, the untapped power of investing balances, and the influence of age on usage.
Millennium Trust enters HSA market with purchase of PayFlex
The deal pushes Millennium up to 5 million individual client accounts and $47 billion of total assets under administration.
Fidelity’s HSA business grew 50% in a year
The biggest players are getting bigger, with the top four increasing their share of the health savings account market from 56% to 60%, according to a recent report by Morningstar Inc.
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.
Clients are tapping HSAs amid COVID-19
The accounts are frequently being used to cover pandemic-related expenses, and employers are increasingly playing up their benefits to workers
Fidelity’s new mutual funds target HSA investments
The products encourage clients to use health savings accounts as investment vehicles
HSA fees drop, investment design shows improvement
Fund menusare important as financial advisers recommend clients invest HSA assets for the long term.
The 401(k)-HSA savings rule of thumb works, until it doesn’t
Is it better to max out your HSA or 401(k)? Know more in this discussion
Medicare enrollment ends HSA eligibility
Working longer can allow continued contributions.
Some cheeseheads love HSAs
Health savings accounts are more than four times more popular with employers in a swath of Wisconsin than in the United States as a whole
