H.R. 975 · 114th Congress
Health Freedom for Seniors Act
- Stage
- In committee
- Sponsor
- Bill Huizenga
- Introduced
- 2015-02-13
- Latest action
- 2015-03-27 · Referred to the Subcommittee on Health.
Summary
Health Freedom for Seniors Act
Amends the Internal Revenue Code to allow tax-free transfers of required distributions after age 70 1/2 from an individual retirement account (IRA) and other tax-exempt retirement accounts to a health savings account. Exempts such transfers from the excise tax on excess contributions to tax-favored accounts and annuities.