In the News

HSA deposits are expected to top $14 billion in assets this year, up from $1 billion in 2006

Individuals contributed $754 million nationally to HSAs in 2005 and withdrew $360 million, according to the GAO. Because HSAs have only been available in their current form since 2004, balances are still relatively small.

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Eric Remjeske, President of Devenir, the national leader in providing such investment options sights “we are seeing a tremendous amount of interest implementation of such funded HRA and VEBA structures with self- directed investment options.” Because the structure of these plans is complex, the guidance of an expert in the area of VEBA trusts is […]

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 […]