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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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July Business Services
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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Trends in Health Savings Account Balances, Contributions, Distributions, and Investments, 2011-2019
Employee Benefit Research Institute [EBRI]
Nov. 13, 2020 "Between 2011 and 2019, end-of-year account balances increased but remained low -- going from $1,990 in 2011 to $3,221 in 2019.... Average total contributions -- combined individual and employer contributions -- increased from $2,348 to $2,959 between 2011 and 2019.... Overall, 60 percent of accountholders withdrew funds. The average annual amount distributed was $1,897 in 2019, implying an average rollover of $1,062." |
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