HSAs For Heroes Act

This bill changes federal tax rules for Health Savings Accounts (HSAs). It would let veterans who were not dishonorably discharged contribute to an HSA even if they receive veterans health benefits without a service-connected disability. It would make HSA withdrawals tax-free when taken during periods of family or medical leave or unemployment for reasons covered by the Family and Medical Leave Act. It would remove the requirement to have a high-deductible health plan to use an HSA and set the yearly contribution limit at $9,000, or twice that for joint returns. The Treasury would write rules, report yearly to Congress on veterans' HSA use, and estimate the revenue effects.

Full text and official record on Congress.gov

Sponsors

• Andy Biggs Republican sponsor
• 0 cosponsors