H.R. 5687 aims to update health savings accounts (HSAs) under the Internal Revenue Code. The bill proposes several changes, including allowing certain veterans and individuals eligible for Medicare due to age to contribute to HSAs, and it clarifies the treatment of specific medical expenses...
Simple Explanation
H.R. 5687 is a plan to change how people can save money for health needs, making it easier for veterans and older adults to save, and allowing more types of health plans to join in. It also tries to let married people save together and sets new rules for how much money can go into these savings, but some parts might be a bit confusing without more details.