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HSAs jump nearly 30 percent

Health Savings Accounts (HSAs) continue to grow in popularity and a recent article on benefitspro.com said that figure increased 29 percent at the end of 2014. To learn more about HSAs offered by Peak1, click here.

The article also reported that:

  • In 2014, health plans were the leading source of new account growth, accounting for 35 percent of growth.
  • HSA investment assets reached an estimated $3.2 billion in December, up 40 percent year-over-year. The average investment account holder had a $12,995 total balance (deposit and investment account).
  • Investors achieved an average annualized return of 12.5 percent on their HSA investments over the last three years.
To read the entire article, click here.