Congress Is Messing With Your Health-Savings Account

Cannon, Michael F.
May 2008
Business Journal (Central New York);5/16/2008, Vol. 22 Issue 20, p41
The article reports on the argument concerning the legislation proposed by Health Subcommittee Chairman Pete Stark, along with other Democrats, which focuses on documenting withdrawals for tax-free health-savings accounts (HSAs) in the U.S. It reveals that the legislation will offer increased burden to HSA holders in managing health care costs and filing of tax returns. Stark stresses that the legislation aims to prevent the use of the funds for unqualified expenses.


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