HSA Growth
$5100 family contribution / year
Average household spends less than $500 on health care expenses
/ year
Example
This example shows the growth of your account based on the assumption
that you draw $500 in medical expenses out of your account every
year. The interest calculated is based on 2%.
| Year 1 |
$4692.00 |
Year 11 |
$57,095.61 |
| Year 2 |
$9477.84 |
Year 12 |
$62,929.52 |
| Year 3 |
$14,359.40 |
Year 13 |
$68,880.11 |
| Year 4 |
$19,338.59 |
Year 14 |
$74,949.71 |
| Year 5 |
$24,417.36 |
Year 15 |
$81,140.70 |
| Year 6 |
$29,597.71 |
Year 16 |
$87,455.51 |
| Year 7 |
$34,881.66 |
Year 17 |
$93,896.62 |
| Year 8 |
$40,271.29 |
Year 18 |
$100,466.55 |
| Year 9 |
$45,768.72 |
Year 19 |
$107,167.88 |
| Year 10 |
$51,376.09 |
Year 20 |
$114,003.23 |
*After $100.00 in your account, you
can begin investing in stocks, mutual funds and other investments.
At
age 65, money can be withdrawn, penalty-free, or used to pay
for Long
Term Care Insurance. |
