Health Savings Accounts have grown dramatically in popularity over the last few years. If you qualify, you should be taking advantage. The lede from MarketWatch.com: HSAs held an estimated $53.8 billion in assets as of Dec. 31, 2018, up 19% from a year earlier, according to the most recent survey conducted by Devenir, an HSA investment provider. Devenir expects those assets to reach $75 billion by the end of 2020. The number of accounts rose 13% to 25 million from a year earlier, and Devenir expects 30 million accounts by the end of 2020. Back in 2010, the Employee Benefit Research Institute reported that there were 5.7 million HSAs with account balances totaling $7.7 billion.
The main drive of this growth? Obamacare.
Read the whole thing: www.marketwatch.com