Research

Health Savings Accounts (HSAs) rose to more than $11.7 Billion in June according to a survey and resulting research report conducted by Devenir, an investment firm that specializes in providing investment options for HSAs.

HSAs surpassed $10 Billion at year-end 2010 according to our latest HSA survey and the resulting research report.

Individuals contributed $754 million nationally to HSAs in 2005 and withdrew $360 million, according to the GAO. Because HSAs have only been available in their current form since 2004, balances are still relatively small.

Eric Remjeske, President of Devenir, the national leader in providing such investment options sights “we are seeing a tremendous amount of interest implementation of such funded HRA and VEBA structures with self- directed investment options.” Because the structure of these plans is complex, the guidance of an expert in the area of VEBA trusts is […]