Reported about 17 hours ago
Trump's recent tax legislation passed in the House will greatly increase health savings accounts (HSAs), introducing the highest contribution limits ever and various new benefits. Starting in 2026, individuals can contribute up to $8,600, with provisions that promote flexibility and new qualifying expenses, including gym memberships and concierge medical care. These changes aim to provide more opportunities for lower-income individuals and encourage the use of HSAs as a means of saving for retirement while addressing immediate medical expenses.
Source: YAHOO