Search Results for keywords:"qualified medical expenses"

Search Results: keywords:"qualified medical expenses"

S. 276 — To amend the Internal Revenue Code of 1986 to expand and improve health savings accounts, and for other purposes.
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January 28, 2025
Status:Introduced in Senate
Congress:119
Words:2,205
The Personalized Care Act of 2025 aims to amend the Internal Revenue Code to expand and improve Health Savings Accounts (HSAs). The bill broadens eligibility for who can open an HSA, increases the contribution limits, and allows people to use their HSAs to pay for more types...
Simple Explanation
The Personalized Care Act of 2025 wants to make it easier for people to save more money in special health savings accounts that help pay for medical expenses. It also wants people to be able to use this money to pay for more things like certain health insurance costs and doctor service plans.
H. R. 8599 — To amend the Internal Revenue Code of 1986 to include over-the-counter oral healthcare products as qualified medical expenses which can be purchased with HSA and FSA funds.
June 03, 2024
Status:Introduced in House
Congress:118
Words:513
H.R. 8599, known as the "Oral Health Products Inclusion Act," aims to change the Internal Revenue Code of 1986. It proposes that over-the-counter oral healthcare products such as toothbrushes, water flossers, and certain dental care items should be classified as qualified...
Simple Explanation
H.R. 8599 is like a new rule that lets people use special savings accounts, called HSAs or FSAs, to buy things like toothbrushes and water sprayers for their teeth. It makes it easier to use these savings to take care of your teeth!
H. R. 1219 — To amend the Internal Revenue Code of 1986 to include over-the-counter oral healthcare products as qualified medical expenses which can be purchased with HSA and FSA funds.
February 11, 2025
Status:Introduced in House
Congress:119
Words:514
H.R. 1219, known as the “Oral Health Products Inclusion Act,” seeks to change the Internal Revenue Code of 1986 to allow people to use Health Savings Accounts (HSAs), Archer Medical Savings Accounts (MSAs), and Flexible Spending Accounts (FSAs) to pay for certain over-the-counter oral...
Simple Explanation
H.R. 1219 wants to let people use special savings from accounts like HSAs and FSAs to buy things like toothbrushes and water flossers, counting them as medical expenses. This means buying stuff to keep your teeth healthy can be seen as important for your health, just like visiting the doctor.
H. R. 8049 — To amend the Internal Revenue Code of 1986 to prohibit treatment of certain distributions and reimbursements for certain abortions as qualified medical expenses.
April 17, 2024
Status:Introduced in House
Congress:118
Words:664
H.R. 8049, titled the “Protecting Life in Health Savings Accounts Act,” seeks to amend the Internal Revenue Code of 1986. The bill proposes that distributions and reimbursements for certain abortions should not be considered qualified medical expenses, except in cases involving rape, incest,...
Simple Explanation
H.R. 8049 wants to change the rules so that if people use certain savings accounts to pay for some types of abortions, those payments wouldn't count as normal medical expenses. But, if the abortion is needed because of rape, incest, or to save the woman's life, then it's okay.
S. 5297 — To amend the Internal Revenue Code of 1986 to increase the limitations on contributions to health savings accounts, and for other purposes.
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November 12, 2024
Status:Introduced in Senate
Congress:118
Words:3,315
The bill S. 5297, titled the “Health Savings Accounts For All Act of 2024,” proposes amendments to the Internal Revenue Code of 1986 to raise the contribution limits for health savings accounts (HSAs). It introduces additional contributions for individuals aged 50 and older,...
Simple Explanation
The bill wants to let people save more money in their Health Savings Accounts for medical bills and adds some extra things they can spend this money on, like vitamins and gym memberships. It also makes it easier to fix money mistakes and lets families pass these accounts to their kids or parents if needed.
S. 3608 — To amend the Internal Revenue Code of 1986 to prohibit treatment of certain distributions and reimbursements for certain abortions as qualified medical expenses.
January 17, 2024
Status:Introduced in Senate
Congress:118
Words:650
S. 3608, titled the "Protecting Life in Health Savings Accounts Act," seeks to amend the Internal Revenue Code of 1986 to change how certain abortion-related expenses are treated. The bill would prohibit health savings accounts (HSAs), Archer medical savings accounts (MSAs), health flexible...
Simple Explanation
The bill says that certain types of money people use for healthcare can't pay for abortions unless they are necessary because of really serious reasons, like if the baby or mom is in danger.
H. R. 810 — To amend the Internal Revenue Code of 1986 to expand and improve health savings accounts, and for other purposes.
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January 28, 2025
Status:Introduced in House
Congress:119
Words:2,235
H.R. 810, titled the “Personalized Care Act of 2025,” proposes amendments to the Internal Revenue Code of 1986. The bill aims to expand and improve health savings accounts (HSAs) by broadening eligibility criteria, increasing contribution limits, allowing HSAs to pay for health insurance...
Simple Explanation
The bill wants to let people put more money into their special health savings piggy banks, use those savings to help pay for things like doctor fees and health insurance, and not punish them as much if they take money out for the wrong reasons.
H. R. 1427 — To amend the Internal Revenue Code of 1986 to increase the amount of the adoption credit and to establish the in vitro fertilization expenses credit.
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February 18, 2025
Status:Introduced in House
Congress:119
Words:820
The bill, H.R. 1427, proposes changes to the Internal Revenue Code of 1986 to increase the adoption credit from $10,000 to $25,000 for adopting a child with special needs. It also introduces a new credit for expenses related to in vitro fertilization, allowing individuals to...
Simple Explanation
The bill wants to help families by giving them more money back on their taxes if they adopt a child with special needs or pay for special tests to have a baby, but it needs to be clear about how much and who can get this help.
H. R. 720 — To amend the Internal Revenue Code of 1986 to prohibit treatment of certain distributions and reimbursements for certain abortions as qualified medical expenses.
January 24, 2025
Status:Introduced in House
Congress:119
Words:658
H.R. 720 proposes changes to the Internal Revenue Code of 1986 to prevent certain abortions from being classified as qualified medical expenses for tax purposes. Specifically, it forbids using funds from Health Savings Accounts (HSAs), Archer Medical Savings Accounts (MSAs), health flexible...
Simple Explanation
H.R. 720 wants to change the tax rules to say that people can't use certain savings accounts to pay for most abortions with just a few exceptions, like if the mom's life is in danger. This would start happening in the year 2026.

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