Research

Devenir and the American Bankers Association’s Health Savings Account Council released the results of the 5th annual Devenir & HSA Council Demographic Survey and resulting research report. The survey found that the 39 million HSAs that existed at the end of 2023 helped cover over 59 million Americans.

HSA deposit rates stayed steady in Q2 2025 - except the $1,000 tier, which edged up from 0.43% to 0.44%. With the Fed’s Effective Federal Funds Rate remaining flat at 4.33%, providers are likely to maintain current rates, barring major economic shifts. Stay tuned as market conditions evolve, providers may tweak rates to attract and retain account holders.

HSA deposit rates have stabilized across all balance tiers in Q1 2025, marking a potential inflection point after two years of growth. This market shift corresponds with Federal Reserve policy and indicates providers should prepare for a competitive landscape where factors beyond deposit rates will increasingly drive account acquisition and retention.

MINNEAPOLIS (April 2, 2025) – Devenir, a national leader in investment solutions for Health Savings Accounts (HSAs), today released its 29th semi-annual Health Savings Account survey findings and resulting research report. Data collected during early 2025, covering the period ending December 31, 2024, reveals total HSA assets grew to nearly $147 billion across more than […]

Findings from the 2024 Year-End Devenir HSA Research Report containing Health Savings Account market statistics and insights as of December 31st, 2024.