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US HR975

Health Freedom for Seniors Act


summary

Introduced
02/13/2015
In Committee
03/27/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

Health Freedom for Seniors Act Amends the Internal Revenue Code to allow tax-free transfers of required distributions after age 70 1/2 from an individual retirement account (IRA) and other tax-exempt retirement accounts to a health savings account. Exempts such transfers from the excise tax on excess contributions to tax-favored accounts and annuities.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (17)

Last Action

Referred to the Subcommittee on Health. (on 03/27/2015)

bill text


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