Research

As we enter the final quarter of 2024, Health Savings Account (HSA) interest rates have modestly increased across all balance tiers. As of September 30th, the average rate for $1,000 balances rose to 0.45%, up from 0.44% in June. Despite a declining federal funds rate to 4.83%, HSA rates continue to climb, showing providers' commitment to offering competitive interest. The rate spread between $1,000 and $50,000 balances remains steady at 18 basis points.

Findings from the 2024 Midyear Devenir HSA Research Report containing Health Savings Account (HSA) market statistics and insights as of June 30th, 2024.

Devenir released the results of its 28th semi-annual Health Savings Account (HSA) survey and resulting research report. Devenir found that there is about $137 billion saved in almost 38 million HSAs at the midyear point of 2024.

Devenir and the American Bankers Association’s Health Savings Account Council released the results of the 4th annual Devenir & HSA Council Demographic Survey and resulting research report. The survey found that the 37 million HSAs that existed at the end of 2023 helped cover over 61 million Americans.

The latest Devenir & HSA Council Demographic Report found that over 61 million American's had access to a Health Savings Account at the end of 2023.