Image credit: Boaz Yiftach

Participants in 401(k) plans and health savings accounts (HSAs) had higher 401(k) account balances than those who saved only in a 401(k), according to a new report by Fidelity Investments. The company’s research also found that those who continuously contributed to their HSA saved most of their contributions, which will help them pay for escalating health care costs in retirement.

On average, 401(k) participants who also contributed to an HSA in 2011 deferred 8.5 percent of their annual salary into their retirement plan, while participants who only saved in their 401(k) contributed an average of 8.1 percent.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.