Devenir News & Insights

Devenir Research was mentioned in a CNBC article about how HSAs offer significant tax advantages and investment opportunities for Americans, yet remain poorly understood and underutilized by many eligible workers.

As we enter the final quarter of 2024, Health Savings Account (HSA) interest rates have modestly increased across all balance tiers. As of September 30th, the average rate for $1,000 balances rose to 0.45%, up from 0.44% in June. Despite a declining federal funds rate to 4.83%, HSA rates continue to climb, showing providers' commitment to offering competitive interest. The rate spread between $1,000 and $50,000 balances remains steady at 18 basis points.

Our October 2024 HSA newsletter highlighting articles, posts and press releases to help keep you in the loop of the latest in the HSA market.

Findings from the 2024 Midyear Devenir HSA Research Report containing Health Savings Account (HSA) market statistics and insights as of June 30th, 2024.

Devenir released the results of its 28th semi-annual Health Savings Account (HSA) survey and resulting research report. Devenir found that there is about $137 billion saved in almost 38 million HSAs at the midyear point of 2024.