|Issue||HR 5262 (Cantor)||HR 5743 (Ryan)||S 3488 (Coburn)||Other Legislation|
|Paying Expenses Before the HSA is Established||Allows expenses to be reimbursed if they occur before the date the account is established as long as the HSA is set up during the taxable year in which the expense was incurred (i.e. up to April 15 of the following year).||Same||Same||S 3585 (Hatch)|
|Using HSA Funds to Purchase Health Insurance||Allows use of HSA funds for “non-group” HDHPs.||Allows use of HSA funds for HDHPs.||Same||
HR 5586 (Johnson)
S 2549 (DeMint) S 2554 (Ensign) S 3585 (Hatch)
|Allowing Individuals Eligible for Medicare to Have HSAs||Not addressed||Would allow an individual who is enrolled in Medicare Part A but has not taken Part B to participate in and HSA||Not addressed||HR 5862 (Campbell) S 3655 (Craig)|
|Allowing Individuals Eligible for VA Coverage to Have HSAs||Not addressed||Allows veterans to contribute to an HSA||Not addressed||S 3655 (Craig)|
|HSA Contribution Limits||Increases HSA contribution limits to the out-of-pocket expenses limit on the high deductible health plan||Increases contribution limits up to $2,700 (self-only coverage) and $5,450 (family coverage).||Increases HSA contribution limits to the out-of-pocket expenses limit on the high deductible health plan||S 2424 (Allen) S 3585 (Hatch)|
Trump boasts of surpassing his regulation-cutting goal, but an economist says the numbers shouldn't be taken "at face value."
Investment Advisor's columnist looks back on how much has changed over a decade and why advisors must stay alert.
Plus, an update from Ameriprise Financial on its recruiting efforts.
Sponsored by Orion Advisor Technology
Financial planning services help advisors differentiate themselves, improve client relationships, drive better outcomes, and more. So why don’t more advisors offer financial planning?
Sponsored by Orion Portfolio Solutions
Learn how to use seven relationship skills to attract, serve, and retain high-net-worth investors.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.