To amend the Internal Revenue Code of 1986 to permit rollovers from retirement plans to health savings accounts.

Fact Sheet API

Bill Number

HR 3873

Introduced

Sep 22, 2005

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Annuities Employee health benefits Health Income tax Individual retirement accounts Labor and Employment Medical savings accounts Pension funds Tax exclusion Tax penalties Tax-deferred compensation plans Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to: (1) exclude from gross income distributions from a retirement plan to fund a health savings account; and (2) exempt such distributions from the penalty for premature retirement plan distributions.

Actions

Sep 22, 2005

Referred to the House Committee on Ways and Means.
Sep 22, 2005

Introduced in House

Amendments

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