Skip to main content

HSA DAY

October 15

National HSA Awareness Day

Every year on October 15, we join forces with our partners, employers, and other industry experts to share the value of health savings accounts (HSAs), highlighting their importance in helping employees make informed benefits decisions, improve financial wellness, and enhance overall benefits engagement.

Empower your health. Secure your future.

HSAs are far from a one-size-fits-all solution—they meet a variety of needs and strategies, whether you’re a spender, saver, investor, or someone who hasn’t yet tapped into your HSA’s potential. Join us on our Benefits Buzz podcast as we dive into the real-life experiences of HSA users and share expert insights to help you and your employees make informed decisions that improve health and secure financial futures.

An account for all

0%
of HSA accountholders are in their 30s
0%
of HSA accountholders live in a zip code with a median household income of less than $100,000
$0B
in HSA savings of accountholders aged 55+

– 2023 Devenir & HSA Council Demographic Survey

Education

They’re sure to use it. You’re bound to love it.

Spend

Employees can save on hundreds of eligible healthcare expenses, like over-the-counter medications, routine healthcare visits, eyeglasses, contact lenses, sunscreen, and more.

Save

HSAs are employee-owned, and unlike FSAs, all funds can be carried over, so employees can build their balances to prepare for big expenses.

Invest

Like with a 401(k), employees can invest their HSA funds for faster growth. That’s one reason an HSA rivals a 401(k) and IRA for retirement planning. Start leveraging your HSA for retirement and stop missing out on tax savings.

Why employees love HSAs

  • Their funds are contributed tax-free.
  • Their funds grow (with interest or through investment) tax-free.
  • Their funds can be withdrawn tax-free when used on eligible expenses.
  • Their funds carry over from year to year.

Why employers love HSAs

  • Your contributions to your employees’ HSA are tax deductible.
  • Your employees’ contributions reduce your payroll taxes.
  • HDHPs are typically more affordable health plans.

Resources

Clearing up common HSA misconceptions

HSAs can help with short-term needs. They can help with long-term needs. Their funds can be invested.

Engagement guide

Overcome the benefits engagement barrier: Benefits engagement, recruitment, and retention are harder than ever, but it doesn’t have to be this way. Check out our guide and learn how to empower employees to make better benefits decisions, navigate financial wellness, and implement strategies and technology that drive higher retention, recruiting, and benefits engagement

Benchmarking + trends

An employer contribution of as little as $50 can encourage employees to participate in an HSA. Surprised? See what other trends we’ve uncovered.

My HSA Planner

Help your employees get the most from their HSA with My HSA Planner.

But wait, there’s more!

Podcasts your jam?

Get the latest on the Benefits Buzz podcast.

Prefer a good read?

Join 10,000+ subscribers on our blog.