Lawmakers aim to make it easier to save for health care expenses

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Lawmakers aim to make it easier to save for health care expenses. (via CNBCMakeIt)

if they have other coverage — it may cause issues with your FSA and HSA options. That's because, under the current law, if your spouse or partner has a health FSA through their employer, you'll face a tax penalty if you contribute to an HSA.

A new bipartisan bill aims to change that. On Friday, Reps Jennifer Wexton , Earl Blumenauer and Mike Kelly introduced the. The bills would allow families to utilize both HSA and FSA accounts without any tax consequences. "Cost of care is at a record high and my bill will give families more flexibility to save money on their health care," Wexton said in a statement. "Instead of penalizing families for responsibly managing their money — as the existing law does — my bill allows couples to save and spend in the way that's easiest and most affordable for them.

 

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MakeIt Lol 😂

MakeIt Elizabeth Warren has a better idea. Medicare for all. Get rid of all the Health Insurance Companies making Billions, when the money should go to pay for our health.

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