Search Results for keywords:"effective date 2025"

Search Results: keywords:"effective date 2025"

H. R. 2745 — To amend the Internal Revenue Code of 1986 to allow both spouses to make catch-up contributions to the same health savings account.
April 08, 2025
Status:Introduced in House
Congress:119
Words:502
The bill H. R. 2745 proposes changes to the Internal Revenue Code of 1986 to allow both spouses to contribute catch-up amounts to the same health savings account (HSA) if they are eligible and have family coverage. It specifies that certain limitations apply, such as only...
Simple Explanation
The bill H. R. 2745 wants to let both a husband and wife put extra money into the same special savings account for health costs, but it will only start working after December 2025. It has some tricky parts about how much they can put in and doesn't really say what happens if they can't agree on the details.
H. R. 1026 — To amend the Internal Revenue Code of 1986 to allow individuals with direct primary care service arrangements to remain eligible individuals for purposes of health savings accounts, and for other purposes.
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February 05, 2025
Status:Introduced in House
Congress:119
Words:925
H.R. 1026, titled the "Primary Care Enhancement Act of 2025," aims to change the Internal Revenue Code of 1986. This bill allows individuals with direct primary care service arrangements to still qualify for health savings accounts (HSAs). It defines what direct primary care...
Simple Explanation
H.R. 1026 is like a new rule that lets people use a special kind of bank account called a health savings account (HSA) to pay for a type of doctor's membership called direct primary care, as long as it doesn't cost too much each month.

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