EBRI Fast Facts

Older and Wiser? An Analysis of Accountholder Age and FSAs

Jul 6, 2023 3  pages


Previous EBRI research has indicated that there is a strong link between age and average contributions to and distributions from health savings accounts (HSAs). Older HSA accountholders are more likely than younger accountholders, on average, to make larger contributions and distributions. Similar to HSAs, flexible spending accounts (FSAs) are a tax-advantaged method of paying for qualified medical expenditures. This week’s Fast Fact takes a hard look as to whether FSA accountholders share any similarities in contribution and distribution behaviors with HSA accountholders.