Health savings accounts continue to gain ground with Americans. And with good reason, because they offer triple tax benefits.
No wonder there were nearly 43 million HSAs as of June 30 compared with about 32 million at the end of 2021, according to new data from HSA consulting firm Devenir.
HSA owners can invest account funds prior to withdrawing them, and nearly five million accounts do so. The average account size for HSA owners who invest their funds was nearly $24,000 recently, according to Devenir.