Health savings account assets have surpassed $100 billion, HSA investment consultant Devenir told CNBC March 29.
Five things to know:
1. HSA assets reached $98 billion by Dec. 31, 2021, a 19 percent increase over 2020.
2. Assets eclipsed $100 billion in January, reaching $100.7 billion by the end of the month.
3. Devenir predicts HSA assets will reach $150 billion by the end of 2024.
4. There were about 32 million HSA accounts by the end of 2021, an 8 percent increase over the previous year.
5. Only 7 percent of all accounts have some of their money invested in mutual funds or other investments.