Devenir News & Insights

The New York Times reports on HSA usage trends, citing Devenir's latest research. As of mid-2024, HSA assets have grown to $137 billion across 38 million accounts. While 47% of funded HSAs made withdrawals in 2023, investment activity remains an opportunity for growth with 9% of accounts currently investing their balances.

Our February 2025 HSA newsletter highlighting articles, posts and press releases to help keep you in the loop of the latest in the HSA market.

HSA deposit rates are showing signs of cooling after sustained growth throughout 2023-24, with $50,000 balances dropping from 0.63% to 0.61% between September and December 2024. This shift aligns with the Federal Reserve's more accommodative monetary policy, as the Effective Federal Funds Rate decreased from 5.33% in the summer of 2023 to 4.33% at the end of 2024. Learn how these changes impact HSA providers, employers, and account holders in today's evolving economic landscape.

Our January 2025 HSA newsletter highlighting articles, posts and press releases to help keep you in the loop of the latest in the HSA market.

Our 2024 Midyear HSA Research Report reveals a continuing trend of market concentration. The top 5 largest HSA providers now hold 73% of the industry's total assets.