S 5302
Health Savings Accounts For All Act of 2022
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- Passed House
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Bill overview
The Health Savings Accounts For All Act of 2022 aims to expand access and flexibility to health savings accounts (HSAs). It increases contribution limits, removes the requirement for high-deductible health plans, allows HSA payments for various expenses like primary care and gym memberships, and provides protections for distributions and corrections. Furthermore, it extends bankruptcy protections to HSAs similar to retirement accounts and introduces provisions for rollover distributions to family members.
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