Cindi Leive

TIAA Institute Awards Economist Who Shows HSAs Can Increase Retirement Savings, Lower Taxes

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Monday, January 9, 2023
Nobel, Yale University, Health, Research, CREF, Tax, Berkeley, Retirement, Health savings account, Growth, Public policy, Policy, TIAA, Paganini Competition, University, Nobel Prize, HSAS, Consumer, HSA, Health insurance, Cindi Leive

NEW YORK, Jan. 9, 2023 /PRNewswire/ -- The TIAA Institute awarded Adam Leive the 27th annual Paul A. Samuelson Award for showcasing how Health Savings Accounts (HSAs) can help consumers with both retirement savings and taxes.

Key Points: 
  • The study shows whether consumers use their HSAs as savings vehicles and how HSAs impact health spending.
  • It studies whether consumers use their Health Savings Accounts (HSAs) as savings vehicles and how they impact health spending.
  • HSAs grew in popularity as a way to lower rising healthcare costs.
  • "Dr. Leive's research gives us insight into consumer behavior that goes into why participants are choosing HSAs and how HSAs can contribute to their overall financial well-being," said Surya Kolluri, head of the TIAA Institute.