Fertility Cost Relief Act

This bill would change federal tax law so that people can take money out of certain retirement accounts early to pay for fertility treatment without paying the extra early withdrawal tax. The money must be used within 1 year to pay fertility costs for the account holder or their spouse or domestic partner. Covered costs include preserving eggs, sperm, or embryos, artificial insemination, in vitro fertilization, genetic testing of embryos, fertility medications, and gamete donation. Each person could use this exemption for up to $20,000 over their lifetime, with that amount adjusted for inflation after 2026. The withdrawn money could be paid back into the account, and the change would apply to withdrawals made after December 31, 2025.

Full text and official record on Congress.gov

Sponsors

• Mike Levin Democrat sponsor
• 1 cosponsors