2016 Health Savings Accounts Facts. Update plan documents. Total assets grew 62 more than triple the industry rate of 20.
It provides detailed information about HSAs and instructions on how to fund accounts when using HealthEquity our HSA vendor. The average employer contribution to an HSA account grew to 773 23 higher than the industry average. HSA holders can choose to save up to 3350 for an individual and 6750 for a family HSA holders 55 and older get to save an extra 1000 which means 4350 for an individual and 7750 for a family and these contributions.
Health plan with 94 choosing to open an HSA.
You must be an eligible individual to qualify for an HSA. Sep 14 2016 These premiums do not include any employer contributions to workers health savings accounts or health reimbursement arrangements. No permission or authorization from the IRS is necessary to establish an HSA. You must be an eligible individual to qualify for an HSA.