Health Savings Act of 2017

Summary

Health Savings Act of 201 7 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: (1) allow an additional tax deduction for amounts paid to the HSA of a taxpayer's child or grandchild; (2) allow a rollover of HSA funds to the child, parent, or grandparent of an account holder; (3) increase the maximum HSA contribution limit to match the amount of the deductible and out-of-pocket expenses under a high deductible health plan; and (4) expand the definition of an HSA compatible plan to include bronze, silver, and catastrophic plans on an insurance exchange. The bill also amends the federal bankruptcy code to treat HSAs in the same manner as individual retirement accounts for purposes of determining exemptions from the bankruptcy estate.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 January 2017

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• Introduced in House (PDF)

  Introduced in House · EN · 3 January 2017

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• Introduced in House

  summary · EN · 3 January 2017

  Open at official source

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