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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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July Business Services
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Health Savings Account Balances, Contributions, Distributions, and Other Vital Statistics, 2019
Employee Benefit Research Institute [EBRI] 
Jan. 22, 2021 "The average end-of-year balance ($2,672) was higher than the average beginning-of-year balance ($2,187). The average balance increase was even larger when analyzing only accounts that had received either an employee or employer contribution in 2019 ($2,232, increasing to $3,055).... Accounts that received an employer contribution had higher total contributions ($2,846 vs. $2,455) and more frequently contained investments other than cash (9 percent vs. 7 percent).... 63 percent of HSAs experienced a distribution in 2019." |
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