Our passion. Real-world investment solutions.

At Devenir, we have a passion for the HSA market with an unparalleled focus on providing real-world solutions and a first-class customer and user experience. Our history and leadership in the industry, coupled with our knowledge and experience serving a variety of organizations, gives Devenir a unique perspective and keen insight into the needs of HSA providers — and their account holders.

We partner with some of the largest banks, administrators and technology providers to deliver convenient, cost-effective HSA solutions that increase your value to customers, while giving account holders the power to save for future health care expenses.

Devenir Integrated HSA Investment Platform

Our integrated investment platform helps you gather and retain more HSA assets, which gives you a competitive and financial advantage over HSA providers who don’t offer investments.

Our integrated investment platform includes valuable features like:

  • Investment custodial services
  • A wide array of mutual fund choices through our open architecture platform
  • Independent investment consulting
  • Prospectus and proxy services
  • Self-directed online brokerage options
  • Recordkeeping software that includes online web tools (account history, balance information, contribution election, and exchanges), electronic or paper statements, investment planning and research tools, single sign-on and web services capabilities
  • Sales and marketing support to promote account adoption and engagement
  • Education and training for your customer service team

Did you know?

The HSA Investor

The average total balance of an HSA investor is $14,9711


Retirement Costs

A 65 year old couple retiring today will need over $260,000 for medical expenses in retirement2

The Competitive HSA Model

HRA / VEBA Investments

Devenir leads the way in comprehensive investment offerings for VEBA and Section 115 Trust accounts. This solution is similar to our integrated HSA investment platform, but within regulatory limits of these specialized accounts.

About VEBA Trusts: VEBA Trusts are IRS-approved federal tax-exempt trusts that fall under IRS Code 501(c)(9). VEBA Trusts are intended to provide health and welfare benefits through a pooled trust to employees of a common organization. Employees are allocated pre-tax dollars from the trust that allows them to pay for qualified medical expenses, disability, severance, and life insurance benefits.

About Section 115 Trusts: Section 115 Trusts do not need IRS approval, but must obtain a private letter ruling from the IRS to be considered tax-exempt. They do not include the additional contribution discrimination testing of a VEBA or HRA.

Consumer-facing Solutions

Demonstrate your value and deepen relationships with your customers by offering our proven health care benefit investment solutions and resources for account holders.

myHSAinvestments

A white-label solution that allows HSA custodians to seamlessly integrate investments into their HSA offering.

myHSAinvestments allows account holders to access a suite of mutual fund investment options and tools, without the extensive integration that a custom plan may require. Simply direct your customers to myHSAinvestments where they will find a variety of mutual fund options and tools (including our HSA Guided Portfolio) to confidently invest a portion of their HSA funds. You remain the account custodian, while they have the freedom to manage their own investments.

HSA Planner

A suite of tools, calculators and information to help HSA account holders make informed decisions about health care spending and savings.

HSAs are growing in popularity, but consumers still need education and decision-making support. Devenir offers HSA Planner to meet that need. Account holders benefit from a suite of tools, calculators and educational resources to help them understand their HSA and make the most of their health care dollars.

HSA Search

A robust resource to help individuals find the right HSA custodian based on their savings goals.

It’s important that individuals find the right HSA provider for their financial needs. HSA Search, from Devenir, simplifies this task by presenting hundreds of HSA custodians and offering detailed information about key features, fees and interest rates.

If you are an HSA provider and would like to be added to the HSA Search website, please contact us at info@hsasearch.com.

Footnotes:
  1. Includes the accountholders investment and deposit balances. Source: 2016 Year-End Devenir HSA Research Report
  2. Source: Health Care Costs for Couples in Retirement Rise to an Estimated $260,000, Fidelity Analysis Shows