Research

Due to the transactional nature of health savings accounts, HSA providers often require accountholders to maintain a certain balance in cash before allowing them to invest. We take a quick look at how prevalent these thresholds are in the industry and what are the different ways in which they are used.

Devenir’s quarterly credit union HSA update finds over $1.59 billion in HSA deposits were held in credit unions as of 9/30/2018.

In an effort to understand industry trends, we periodically research publicly listed interest rates offered by HSA providers. Recent averages suggest providers may not be feeling much pressure to raise HSA deposit rates, with the largest providers feeling even less pressure as they focus on creating account value through other means.

Several studies have shown investors can feel overwhelmed by overly large investment menus. Large menus have been shown to decrease participation rates in retirement plans as participants weight their options. But how big is too big when it comes to fund lineups?

Devenir’s quarterly credit union HSA update finds almost $1.59 billion in HSA deposits were held in credit unions as of 6/30/2018.