Freedom for Families Act This bill modifies requirements for health savings accounts (HSAs) to (1) exclude from gross income HSA distributions paid or distributed during a period of qualified caregiving, (2) allow participation in an HSA without enrollment in a high deductible health plan, and (3) increase the contribution limit for HSAs.
Referred to the House Committee on Ways and Means.
Taxation
Bank accounts, deposits, capitalHealth care costs and insuranceIncome tax deductionsIncome tax exclusion
Freedom for Families Act
USA118th CongressHR-107| House
| Updated: 1/9/2023
Freedom for Families Act This bill modifies requirements for health savings accounts (HSAs) to (1) exclude from gross income HSA distributions paid or distributed during a period of qualified caregiving, (2) allow participation in an HSA without enrollment in a high deductible health plan, and (3) increase the contribution limit for HSAs.