Core Insights - HealthEquity, Inc. reported significant growth in its health savings accounts (HSAs) and total accounts for the fiscal year ending January 31, 2026, with a total of 10.6 million HSAs, a 7% increase from the previous year, and total accounts reaching 17.8 million, up 4% [2][3][4] HSA and Financial Performance - HSA assets grew to $36.5 billion, reflecting a 14% increase from $32.1 billion a year earlier, with HSA investments rising 26% year over year to $18.5 billion [2][6] - The company added over one million new HSA accounts from sales during fiscal 2026, marking the strongest year for HSA additions [3][4] - New HSAs from sales in the fourth quarter increased by 17% year over year, totaling 553,000 for the quarter [5] Business Outlook and Guidance - HealthEquity reaffirmed its guidance for fiscal 2026 and 2027, expecting results for fiscal 2026 to be near the top end of previously provided ranges [8] - The company plans to provide updated full guidance for fiscal 2027 when it reports fiscal 2026 year-end results in March 2026 [8] Upcoming Events - The company has scheduled a conference call for March 17, 2026, to report its fourth quarter and fiscal year 2026 results [11] - HealthEquity will also participate in the Raymond James 47th Annual Institutional Investors Conference on March 4, 2026, and the Mizuho Healthcare Technology Conference on March 5, 2026 [11][12]

Core Concept - The U.S. government is introducing "Trump Accounts," which will provide a one-time deposit of $1,000 for every baby born between 2025 and 2028, aimed at encouraging savings and wealth building for future expenses [1][6][20] Government Initiative - The initiative is part of a tax and spending package signed into law by President Donald Trump, designed to help Americans manage costs related to education, healthcare, and retirement [2][6] - The program is expected to cost approximately $15 billion through 2034, amidst a national debt of $37 trillion [20] Account Structure - "Trump Accounts" function similarly to Individual Retirement Accounts (IRAs), allowing parents to contribute up to $5,000 annually until the child turns 18, with employers able to add up to $2,500 [7][10] - Contributions are after-tax, and while the principal is not taxable upon withdrawal, earnings will be taxed [10][11] Business Participation - Major corporations like JPMorgan Chase, Bank of America, and Broadcom have pledged to match the government's $1,000 contribution for eligible employees, indicating strong business support for the initiative [4][5] Financial Planning Perspective - Financial experts view the accounts as a means to encourage long-term saving, with the potential for significant growth over time due to compounding [18][19] - Some analysts suggest that while the initial government contribution is beneficial, parents may find better options for education savings, such as 529 plans, which offer more flexibility [16][17] Public Reception and Future Outlook - There is a mix of optimism and skepticism regarding the effectiveness of Trump Accounts, with some experts predicting they may become niche products favored by wealthier families [17][20] - The initiative aims to promote financial literacy among children, potentially influencing their future financial behaviors [20]

Achieving a Better Life Experience (ABLE) accounts provide a tax-advantaged method to save for qualified disability expenses.Learn more in our updated Investor Bulletin: https://t.co/khNUXWCGCf https://t.co/ZBrM62vkKW ...

Core Insights - The ABLE accounts, established by the ABLE Act of 2014, allow individuals with disabilities to save and invest without losing eligibility for benefits like SSDI, SSI, and Medicaid [1][3] - Recent changes have expanded eligibility for ABLE accounts to 14 million Americans, up from 8 million, by raising the age limit for disability diagnosis from 26 to 46 [5][6] Summary by Sections Account Features - The average ABLE account balance at Vestwell is approximately $13,000, with some accounts exceeding $300,000 [2] - Investment options include an all-equity fund and an all-cash savings option, with the cash option being the most popular [2] - ABLE accounts allow tax-free investment growth and withdrawals for qualified expenses, which are not counted as income for means-tested benefits [7] Eligibility and Rules - To qualify for an ABLE account, individuals must have a disability or blindness lasting at least a year and diagnosed before age 46 [11] - There are no income limits for having an ABLE account, and only one account is allowed per person [12][13] - The annual contribution limit for ABLE accounts is set at $20,000, with additional contributions allowed for account holders who are employed [14] Qualified Expenses - Funds from ABLE accounts can be used for a variety of qualified disability expenses, including living costs, healthcare, education, and assistive technology [15] - Withdrawals for nonqualified expenses may incur taxes and penalties [16] Barriers and Challenges - Awareness of eligibility and account features remains low, with many potential users unsure if they qualify [10] - Some states have different features and limitations for ABLE accounts, and not all states offer these accounts [9][19] - The online-only nature of account opening can be a barrier for individuals without internet access [20] Impact and Future Outlook - The expansion of eligibility for ABLE accounts is seen as a significant advancement for financial wellness among individuals with disabilities [19] - The potential for increased financial flexibility and security through ABLE accounts is highlighted by users who have experienced financial challenges due to disabilities [23]

Core Insights - Starting in 2023, approximately 6 million additional individuals with disabilities became eligible for ABLE accounts, expanding eligibility to those who become disabled before age 46 [1][8] - ABLE accounts allow tax-free growth and withdrawals for qualified disability expenses, including transportation, food, education, and healthcare [2][8] - Contributions to ABLE accounts are capped annually, with a limit of $20,000 for 2026, and additional contributions allowed for working individuals without access to employer retirement plans [5][8] Eligibility and Benefits - To qualify for an ABLE account, individuals must have experienced their disability before age 46, and eligibility includes those receiving SSI or disability insurance benefits [6][8] - Assets in an ABLE account up to $100,000 do not affect eligibility for Supplemental Social Security Income (SSI) or other programs like Medicaid and SNAP [4][5] - Nearly all states offer ABLE accounts, with exceptions being Idaho, North Dakota, South Dakota, and Wisconsin [7]

Group 1 - The article discusses various tax-advantaged accounts for saving money, including traditional IRAs, 401(k)s, and Roth accounts, highlighting their benefits such as pre-tax contributions and tax-free withdrawals [1] - Health Savings Accounts (HSAs) are emphasized as a valuable savings tool that combines features of traditional and Roth retirement accounts, allowing for tax-free contributions, gains, and withdrawals for qualifying healthcare expenses [2][7] - For individuals turning 55 in 2026, there is an opportunity to make an additional $1,000 catch-up contribution to their HSA, which can enhance their savings strategy [3] Group 2 - Contribution limits for HSAs in 2026 are set at $4,400 for self-only coverage and $8,750 for family coverage, encouraging higher contributions to shield more income from taxes [4] - The article advises against using HSA funds immediately, suggesting that individuals should allow their HSA to grow over time by paying medical expenses with other funds [5][8] - It highlights the importance of reserving HSA balances for retirement, as healthcare costs may increase with age, making a larger HSA balance beneficial for managing expenses during retirement [9]

Core Insights - A 529 plan is a tax-advantaged savings account aimed at helping families cover qualified education expenses, with federal tax-deferred growth and tax-free withdrawals for qualified expenses [3][8] - There are two types of 529 plans: prepaid tuition plans, which allow purchasing future tuition at current rates, and education savings plans, which function like investment accounts based on market performance [4] - Contributions to a 529 plan can be made by anyone and must be in cash, with options for online contributions available through certain plans [5][6] Contribution and Tax Rules - Contributions to a 529 plan are considered completed gifts to the beneficiary, qualifying for the annual gift tax exclusion, allowing individuals to give a set amount per recipient annually without incurring federal gift taxes [7][8] - A special five-year election rule permits contributors to make large gifts by front-loading contributions, allowing up to five times the annual exclusion amount in a single year, treated as spread over five years for tax purposes [10] - If total gifts are below the annual gift tax exclusion amount, the account owner does not need to file a gift tax return, even if contributions exceed the IRS limit when made to multiple recipients [9]