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The cumulative effect of long-term HSA ownership
Funded health savings accounts, meaning the account has a balance greater than $0, have an average balance of $2,415. However, according to Devenir, an investment solutions provider, those HSAs opened before 2024 have benefited from long-term HSA ownership. The average balance for an account opened in 2014 was $8,745, and for those opened in 2004, the average balance was $29,869. Allison Bell reports how rising contributions push the average HSA balance over $3,800. To read Ms. Bell’s article for Benefits Pro, click here…
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