Health Savings Accounts: A New Tool for Retirement Presented by: W. - PowerPoint PPT Presentation

Health Savings Accounts: A New Tool for Retirement Presented by: W. Patrick Jarrett , HealthSavings Administrators Austin Rosenthal , Dimensional Fund Advisors Kevin Murphy , Franklin Templeton Aaron Pottichen , CLS Partners

What? Why? Opportunity? How?

health sav·ings ac·count (noun) A savings account used in conjunction with a high deductible health plan (HDHP) that allows users to save money tax-free to pay for qualified healthcare expenses

FSA

National HSA Assets (in billions) $60.0 $9.7 $50.0 $7.5 $40.0 $5.7 $4.2 $30.0 $3.2 $45.0 $2.3 $20.0 $37.9 $1.7 $31.7 $1.1 $26.0 $0.9 $21.0 $10.0 $0.4 $17.1 $0.2 $13.7 $0.2 $11.1 $9.0 $0.1 $6.8 $5.3 $3.2 $1.6 $0.0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Deposits Investments Source: Estimates derived from 2015 Year-End Devenir HSA Market Survey, press releases, previous market research and market growth rates.

Retirement Healthcare Expenses $800,000 $700,000 $600,000 $500,000 HSA 401(k) $400,000 $300,000 $200,000 Medicare Medicare $100,000 $0 With an HSA Without an HSA Medicare Covers 59% How Much for the Remaining 41%?

Report Card Consumers who understand 30% HSAs Account holders who contribute 15% the annual maximum to their HSAs Account holders who invest 12% their HSAs

Healthcare Retirement HSAs

How?

Questions?