H.R. 2667, also known as the "Flexible Savings Arrangements for a Healthy Robust America Act," aims to amend the Internal Revenue Code of 1986. It provides a way for employees to transfer money from their health flexible spending arrangements or health reimbursement arrangements directly into...
Simple Explanation
The bill lets people move money from one type of health account to another, so they can save more for medical costs if they choose a special kind of doctor plan that costs less every month but has higher out-of-pocket costs.