Nearly 72 million Americans were covered by health savings accounts at the end of 2022, an increase of 6.5% from the year before, and HSAs are used across the income spectrum, with 75% of accountholders living in a zip code with a median household income of less than $100,000. On the latest episode of the ABA Banking Journal Podcast — presented by Intrafi — ABA's Kevin McKechnie and HSA expert Eric Remjeske discuss the findings of the latest ABA HSA Council/Devenir survey of HSA accountholders. McKechnie and Remjeske also talk about how HSAs fit into the business models of banks of all sizes, why large numbers of community banks have become HSA funds custodians, how banks use HSA plans for their own employees and policy issues facing HSAs in the coming months and years.

• Read the ABA/Devenir study of HSA accountholders.