There are now about nine million H.S.A.’s with total assets of more than $18 billion; the average account balance is about $2,000, but accounts with funds in investment options, rather than just F.D.I.C.-insured accounts, average about $10,000, according to Devenir, which is based in Minneapolis and provides investment plans for H.S.A.’s.
Congratulations to Jon Robb for being recognized as an Industry Innovator in the HealthCare Consumerism 2012 Superstars issue by The Institute for HealthCare Consumerism. (Jon is featured on page 58)
Devenir has been named to PLANADVISER’s 2012 Top 100 Retirement Plan Advisers list for the 4th consecutive year. You can view the the list here.
Congratulations to Eric Remjeske for being recognized as an Industry Innovator in the Annual HealthCare Consumerism Awards, given out by The Institute for HealthCare Consumerism and published in CDHC Solutions magazine. (Eric is profiled on page 55)
Balances in HSAs — tax-advantaged medical savings accounts — grew to some $11.7 billion in total assets, reflecting a 31% increase from the same time last year, according to data from Devenir Group LLC. Meanwhile, the total number of HSA accounts grew to 6.3 million, up 28% from the same period.