October 15 is HSA Day, the point in the calendar halfway between tax-filing deadlines and a time to focus on helping employers and employees understand these tax-advantaged medical accounts.
While health savings accounts (HSAs) have been around since 2004, their popularity has steadily increased among employers and employees. A recent industry report from Devenir shows there are currently 33.9 million HSAs, including about 27 million with positive balances as of mid-2022. Yet, many current and potential owners don’t fully understand the benefits of these accounts.
