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Learn MoreHealth Savings Accounts have taken the nation by storm. In 2014 alone, over 17.4 million people enrolled in a Health Savings Account. Up 12 percent from the year before and part of a trend of growth that’s been steadily rising year over year, with some estimating that by 2020 there could be as many as 50 million participants.
The above infographic from the AHIP details the yearly rise in Health Savings Accounts.
This growth has been evenly spread as well. With a perfect 50/50 split between male and female, an even spread across demographics, and a growing percentage of participating employer plans.
Because of this growth, HSAs have become an important part of many financial plans, and we want to ensure our platform is able to accurately incorporate HSA calculations throughout, giving you the ability to add them as an individual asset class.
This means reports with HSA calculations built in, Monte Carlo simulations that incorporate HSAs into their predictions, and retirement plans that address modern healthcare issues.
Stay tuned for more updates to come!
