HSA deposit totals are estimated to reach $8 billion this year and may go as high as $17 billion in 2009. The growth trajectory is comparable to — if not outpacing — that of the IRA, 401(k) or 529 plans in their early years, says Eric Remjeske, president of Devenir, which manages about $100 million […]
HSA proponents, however, attribute advisers’ lack of the use of HSA to their own limited access to the products. “The challenge is that advisers will talk about HSAs and insurance, but they refer clients out,” said Eric Remjeske, president of Devenir Group LLC of Minneapolis. However, that can change if firms help provide advisers with […]
HSAs continue to gain traction, agrees Eric Remjeske, president of Devenir Group LLC, a Minneapolis firm that provides HSA investment options. He declined to disclose his company’s assets under management. Mr. Remjeske also believes that HSAs will be used as a tool for retirement planning. “We think it’s a huge factor in retirement planning that […]
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Consumer-directed health plans usually combine high-deductible plans with health savings accounts or health reimbursement arrangements. Participants think a little more when they go to the doctor and are encouraged to shop around for a better price so as to hold on to or invest the money in the HSA account.