Health Savings Accounts For All Act of 2022

Summary

Health Savings Accounts For All Act of 2022 This bill revises provisions relating to health savings accounts (HSAs). Specifically, the bill increases the annual limitation on tax-deductible contributions to HSAs by plan participants and their employers; eliminates the requirement that an HSA participant must be enrolled in a high deductible health plan as a condition of eligibility; allows payments from HSAs for health insurance premiums and primary care service arrangements; allows payment of medical expenses incurred prior to the establishment of an HSA and correction of administrative errors prior to the due date of an applicable tax return; allows a tax-free rollover of amounts in an HSA, upon the death of an account holder, to the account holder's child, parent, or grandparent; allows payments from HSAs for vitamins, dietary supplements, gym membership, and wearable fitness trackers; and extends bankruptcy protections to HSAs on the same basis as tax-preferred retirement plans.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 20 December 2022

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 20 December 2022

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 20 December 2022

  Open at official source

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