Lets caregivers use tax-free health funds for parents' medical bills
This bill would let people use their tax-free health savings accounts, like HSAs and FSAs, to pay for their parents' or parents-in-law's medical costs. Right now, you can only do this if your parent is a tax dependent. This change would help caregivers save money on healthcare expenses starting in 2025.
Currently, you can't use tax-advantaged health accounts like HSAs or FSAs for a parent's medical expenses unless they are your tax dependent. If this bill becomes law, you could use these accounts for your parents' or parents-in-law's medical care. This would apply regardless of their tax dependency status, for expenses incurred after December 31, 2024.
HR 138 · 119th Congress · January 3, 2025 · AI Summary by gemini-2.5-flash · 5/10
Sign in to see your representatives' phone numbers
27 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.