The fate of The One, Big, Beautiful Bill is still pending. If enacted, it would introduce several health care changes, including increased flexibility for Health Savings Accounts (HSAs). These accounts are used in conjunction with a high-deductible health plan. Under current rules, HSAs can’t be used for fitness expenses, but the bill would permit spending on gym memberships and instructional physical activities, within limits ($500 annually for an individual). It would also allow both eligible spouses age 55 or older who are sharing an HSA to make catch-up contributions, which aren’t currently allowed. The bill passed the U.S. House and is now being considered by the Senate.
Our Blog 