HSA News for September 15, 2025
HSA news is compiled weekly by Mr. HSA, Roy Ramthun.
HSA Studies & Analysis
More Than 800 Institutions Offer HSAs. Are They All Essentially the Same Product?
A lot of banks and other financial institutions offer HSAs. Although all HSAs are built on a checking-account (or checking-account-like) chassis, some institutions and administrators add other services to create a more robust consumer offering. How do these similarities and differences play out among institutions that offer HSAs?
Best Practices
How Moving Tax Strategy into Q3 Gives Businesses Time to Optimize Salary, Distributions, HSAs, Trusts, and Philanthropy
Health planning is a seasonal opportunity. Open-enrollment windows and HSA rules mean Q3 conversations let individuals choose higher-deductible plans paired with HSAs, capturing deductible HSA contributions that compound tax benefits. HSA rules and contribution limits are updated annually and should be factored into any Q3 strategy.
Market Trends
Most in ‘Sandwich Generation’ Have Reduced or Halted Retirement Contributions
A new study finds that many Americans who have both young children and aging parents are struggling to stay on track toward retirement and long-term financial goals. More than half of all Americans in the sandwich generation say they have reduced or stopped contributing to their retirement account due to having to financially support both their children and parents.
Nearly Half of Gen Zers Withdraw from Retirement Plans
Almost half of younger workers in a recent study admit they’ve withdrawn from their retirement accounts to pay down urgent needs, while 31% of Millennials have dipped into their accounts. Thirty-eight percent of all employees surveyed also report tapping from their retirement funds at some point, the study finds.
HSAs & Retirement
Here's How Much Employees Need to Save for Healthcare in Retirement
Healthcare in retirement isn't just a line item — it's one of the biggest financial risks employees face. Helping employees prepare for retirement has always been a critical part of a benefits strategy, but new data from Milliman underscores just how significant healthcare costs will be in shaping retirement readiness.
10 Medicare Mistakes and How to Avoid Them
When you sign up for Medicare, you have to make several important decisions, and the rules and choices can be complicated. Here are 10 common mistakes that prospective Medicare enrollees make, and steps you can take to avoid these problems.
Is a Common Medicare Mistake Draining Your Savings? New Study Reveals the Truth
Enrolling in the same Medicare Part D plan as your spouse can be convenient—but it can cost you. A 2025 study found couples often overpay by hundreds each year by not choosing plans tailored to their individual needs.
Maximizing Your HSA
3 Ways Employees Can Use HSAs for Back-to-School Expenses
There are at least three ways benefit leaders can help working parents make the most of their HSAs and FSAs as kids head back to school. For example, many telehealth services for physical and mental health are covered by HSAs and FSAs, allowing parents to potentially receive quick consultations, treatment and prescriptions without having to take children into a doctor's office or urgent care.
When - and How - Can You Invest Your HSA Balances to Grow Your Funds over Time?
As your balances grow and you understand the long-term wealth-building opportunity that HSAs offer, you may want an account with investment options. HSA providers typically offer a menu of between two dozen and four dozen mutual funds. Some providers’ investment menus include common stocks. Look for options that suit your style and risk tolerance.