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Helping Dimensional Fund Advisors Invest in a Healthier Future

For more than 35 years, Dimensional Fund Advisors has been putting financial science to work by translating financial research into real-world investment solutions. Recently, however, Dimensional became concerned that its own employees might not be acquainted with the benefits health savings accounts (HSAs) offer for long-term investing.

Even though HSAs offer account holders huge savings on future medical expenses, only 5% of Dimensional’s employees with HSAs were choosing to invest their funds. Dimensional wanted to reframe HSAs as a component of a comprehensive retirement investment strategy, instead of being perceived as a way to pay current medical costs.

Dimensional worked with HealthSavings to design a two-step program to eliminate HSA investment barriers and to provide employees with ongoing HSA education about the power of saving and investing. As a result of these efforts, Dimensional has seen a 6x increase in the percentage of eligible employees who were investing HSA funds, as well as a 4x increase in the percentage of invested HSA funds.

To see how HealthSavings and Dimensional accomplished this turnaround, check out the case study below.

If you’d like to find out how we can create an investment-focused HSA solution for your organization, give us a call at (888) 354-0697 or email us at HSA_SalesTeam@Healthsavings.com. We’d be glad to walk you through our industry-leading HSA offering.

Author: Craig Keohan