H.R. 2436: To amend the Internal Revenue Code of 1986 to treat distributions from health savings accounts for funeral expenses of the account beneficiary as qualified distributions.
H.R. 2436 is a federal bill in the 119th Congress. Currently, money withdrawn from a health savings account, which is a special tax-free savings account for medical costs, is heavily taxed and penalized if used for anything other than qualified medical expenses after death. Under this bill, up to $5,000 of… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.
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