It is the 33rd consecutive year that this resource has been available to eligible ABA member banks, a total of $97.3 million since the program’s inception.
An estimated 67 million Americans were covered by health savings account, according to a survey released today by ABA’s HSA Council and Devenir.
NFIP is “essential” so borrowers in flood-prone areas can access mortgage collateral and insurance to protect their properties, ABA said.
The Internal Revenue Service today released updated contribution limits—adjusted for inflation—for health savings accounts for 2023.
American Bankers Mutual Insurance Ltd.—the reinsurer for the American Bankers Association endorsed insurance program—will distribute $3 million to be shared by qualified member banks insured through ABA Insurance Services, the association announced today.
To help chronically ill Americans afford the high costs of prescription drugs, 11 states have adopted so-called copay accumulator “adjustment” laws.
Younger Americans are embracing health savings accounts, with about one in five people in their 30s having an account, according to a new HSA market survey released today by consulting firm Devenir and the American Bankers Association’s Health Savings Account Council.
Health savings accounts saw robust asset growth in 2020, with $82.2 billion in assets held in 30.2 million accounts, according to a year-end HSA market survey conducted by consulting firm Devenir.
The Senate yesterday confirmed Tom Vilsack to serve as agriculture secretary by a bipartisan vote of 92 to 7. Vilsack previously served in the role during the Obama administration.