EBRI Fast Facts

Most HSA Holders Use Accounts for Current Expenses Rather Than Long-Term Saving

Jul 16, 2026 3  pages

Summary

Health savings accounts (HSAs) offer a triple tax advantage, allowing individuals to save funds to be used for medical expenses in the present or to invest them to be allocated toward medical expenses in the future. This Fast Fact delves into HSA usage as reported in the 2025 Consumer Engagement in Health Care Survey, examining why accountholders open HSAs and what they do with the funds they accrue.