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HSA Modernization Act

Introduced Jan 16, 2025 by Rep. Beth Van Duyne

IntroducedCommitteeFloorCongressLaw

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Latest action · Jan 16, 2025
Referred to the House Committee on Ways and Means.
Read it on Congress.gov
What it does

This bill increases health savings account (HSA) contribution limits, expands HSA eligibility, and makes other changes to HSAs and high-deductible health plans (HDHP).

The bill increases HSA contribution limits to equal the limits on out-of-pocket expenses under an HDHP (adjusted annually). Under the bill, the maximum annual HSA contribution for 2025 is $8,300 for self-only coverage and $16,600 for family coverage. (Under current law, the maximum annual HSA contribution for 2025 is $4,300 for self-only coverage and $8,550 for family coverage.)

The bill expands eligibility to make tax-deductible HSA contributions to include individuals who

receive hospital care or medical services from the Department of Veterans Affairs and do not have a service-connected disability,

Read the full summary on Congress.gov

Summary by the Congressional Research Service.

Roll-call votes

No floor votes yet — it hasn't reached the floor of either chamber.