Vast majority of HSA savers skip the investing option

Published 5 Min Read

Health savings accounts are a small but mighty tool when it comes to saving and investing money for retirement. Yet a vast majority of savers do not invest their HSA funds, according to a report from the Employee Benefit Research Institute.

The research, looking at more than 14.5 million HSA accounts, found that 85% of account holders do not invest their HSAs in assets other than cash. Financial advisors say that figure isn’t surprising.

Elijah Nicholson-Messmer
Former Data Reporter

Elijah returned to Financial Planning in 2025 after working as a summer intern with FP in 2023. He earned an undergraduate degree from Berea College in Berea, Kentucky, and a master's degree in data … Read full bio


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