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Technical Explanation of H.R. 2596, the "Health Savings and Affordability Act of 2003," as Passed by the House of Representatives on June 26, 2003

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Technical Explanation of H.R. 2596, the "Health Savings and Affordability Act of 2003," as Passed by the House of Representatives on June 26, 2003

by United States Congress Joint

About this title: OCLC Number: 54505551 Excerpt: ...Explanation of Provision In general The provision creates health savings accounts ( " HSAs " ) and health savings security accounts ( " HSSAs " ) which provide tax-favored treatment for current medical expenses as well as the ability to save on a tax-favored basis for future medical expenses. In general, HSAs and HSSAs are tax-exempt trusts or custodial accounts created exclusively to pay for the qualified medical expenses of the account holder and his or her spouse and dependents that are ... read more

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