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RCP Congressional Bill Tracker - H.R. 1494

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H.R. 1494: Retirement Health Savings Act of 2015

Title: Retirement Health Savings Act of 2015

Introduced: Mar 19, 2015 (114th Congress)

Sponsor: (No First Name Found) (No Last Name Found) [-]

Status: Referred to Committee - Referred to the Subcommittee on Health.

Summary: Retirement Health Savings Act of 2015 This bill amends the Internal Revenue Code to exclude from gross income, for income tax purposes, distributions from certain tax-exempt retirement plans to a heath savings account in which an individual who is covered by a high deductible health care plan is participating (qualified HSA funding distribution). The bill also exempts such distributions from the 10% penalty for premature retirement plan distributions.

Votes


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