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HSA Growth Calculator

An HSA is the only triple-tax-advantaged account: deductible in, tax-free growth, tax-free out for medical costs. Project how big yours can get.

Example: with Current HSA balance $3,000 · Your annual contribution $4,400 · Employer contribution / year $500 · Years to grow 20 yrs → Projected HSA balance: $189,871.

  • Total contributed$101,000
  • Tax-free growth$88,871
  • Est. taxes avoided on growth$19,552

Computed by the calculator below using its default values. Change any input to see your own numbers.

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Projected HSA balance
Total contributed
Tax-free growth
Est. taxes avoided on growth

HSA providers that let you invest the balance

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The stealth retirement account

Because an HSA is never taxed on the way in, while invested, or on the way out for medical expenses, many savers treat it as a stealth retirement account: pay current medical bills out of pocket, invest the HSA, and let it compound for decades.

How it’s calculated & sources

We grow the current balance and add your contribution plus any employer contribution each year at the expected return. The taxes-avoided figure applies a 22% rate to the growth as an illustration.

Benchmark: HSAs are triple-tax-advantaged; 2026 contribution limits are $4,400 self-only and $8,750 family, +$1,000 catch-up at 55+ (IRS).

Results update as you type and are general estimates, not personalized financial, tax, medical or legal advice. Verify with a professional.

Frequently asked questions

Do I have to spend it each year?

No — unlike an FSA, HSA balances roll over and stay invested indefinitely. That’s what makes long-term growth possible.

What can I use it for?

Qualified medical expenses any time, tax-free. After 65 you can withdraw for anything (taxed like an IRA), so it never goes to waste.