Devenir News & Insights

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

Devenir and the American Bankers Association’s Health Savings Account Council released the results of the 4th annual Devenir & HSA Council Demographic Survey and resulting research report. The survey found that the 37 million HSAs that existed at the end of 2023 helped cover over 61 million Americans.

The latest Devenir & HSA Council Demographic Report found that over 61 million American's had access to a Health Savings Account at the end of 2023.

As we enter the second half of 2024, HSA interest rates continue their upward trajectory, with increases across all balance tiers. As of June 30th, the average rate for $1,000 balances reached 0.44%, up from 0.42% in December 2023. More substantial gains are seen in higher balances, with $10,000 accounts now averaging 0.55% (up from 0.52%) and $50,000 balances hitting 0.62% (up from 0.57%).

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