Voya Financial agreed to buy Benefit Strategies, a third-party administrator of health savings accounts.
HSA providers and DC record keepers are trying many strategies to encourage participants to use HSAs as an investment source.
As HSAs take on greater investing opportunities, providers are employing strategies designed to overcome some restrictions.
Record keepers are signing deals with HSA providers to incorporate health care into their expanded financial wellness programs.
Employers are providing monetary contributions and other incentives to encourage greater HSA balances.