Blog

To wrap up the series we comment on comparable growth trends in each marketplace and give our thoughts on outlook of HSAs.

With the next installment in our 3-part blog series we cover another important difference between investing in an HSA and 401(k). Part 1 pointed out the flexibility of HSAs and detailed the primary uses of the account. In this post we look at both accounts through an investment lens and how retirement with a healthcare focus can affect investing.

As part of our continuing effort to inform investors about HSAs, we will be posting a three-part blog series comparing HSAs to 401(k)s for use as a retirement savings vehicle. While the two accounts are often compared at a high level, we take an in-depth look at the benefits and limitations of each account highlighting three reasons investing in an HSA is more nuanced than it’s 401(k) counter-part.

HSAs have become an important part of the healthcare retirement picture for millions of Americans as employers continue to realize the cost saving benefits of HSAs. Fidelity projects that a 65-year old couple retiring in 2017 would need approximately $275,000 in today's dollars to cover healthcare costs through retirement up 6% from from their 2016 estimate. Are HSA investors on track to meet this hurdle?

In keeping with our commitment to continued innovation, Devenir is excited to announce the introduction of browser-based mutual fund performance updates! Along with this enhancement, Devenir will be moving from quarterly to monthly fund performance updates for the browser-based format.