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Retirement, College, and Health Savings Activity Expanding in the U.S.
Ascensus
July 5, 2017 "Employees under age 25 represent just nine percent of savers on Ascensus' platform. But ... the average 401(k) account balances of savers ages 25-34 nearly double that of their under 25 cohorts.... HSA owners under age 25 and ages 25-34 represented 20% of all HSAs on the Ascensus platform in 2016.... In 2016, 37 percent of HSA market growth was attributed to high deductible health plans offered by employers. Additionally, 46% of all dollars contributed to an HSA came from an employer." MORE >> |
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