Enhancing Emergency and Retirement Savings Act Introduced
Representative Brad Wenstrup has introduced the Enhancing Emergency and Retirement Savings Act of 2022 to provide flexibility and access for those who experience unexpected emergencies.
Spending Bill Would Include Telehealth Extension
The spending bill provision would temporarily allow expenses for telehealth to continue to be paid from HSAs without first meeting the deductible under the HDHP.
Legislation Proposed to Automatically Re-enroll Employees
Bill text has been made available for legislation introduced by Senator Tim Kaine (D-VA) intending to improve participation in employer-sponsored retirement plans.
Legislation Proposed to Expand Qualified Medical Expenses to Include Diapers
Senator Joni Ernst (R-IA) has introduced the Diaper Inclusion in Accounts for Parental Expense Reduction (DIAPER) Act.
Legislation Proposed to Promote Retirement Plan Lifetime Income Options
Legislation to promote retirement plan lifetime income options has been reintroduced by Representatives Donald Norcross (D-NJ) and Tim Walberg (R-MI).
Legislation Proposed to Permit HSAs for Children
The Child Health Savings Account Act of 2022 would expand HSA contribution eligibility requirements by allowing parents to contribute and deduct up to $3,000 each year to their childrens’ HSAs.
Legislation Proposed to Expand Group Health Plan Coverage
The Family Plus Health Care Act of 2022 (H.R. 6508) aims to expand group health plan coverage.
House Passes the Build Back Better Act
On November 19, 2021, the U.S. House of Representatives passed H.R. 5376, the Build Back Better Act (“BBB Act” or “the Act”).
Build Back Better Bill Passes House, Moves to Senate
The House of Representatives passed the Build Back Better bill. The House-passed version of the bill contains several IRA provisions.
Infrastructure Bill Signed into Law
The Infrastructure Act includes additional pension funding relief, disaster relief changes, and new digital asset reporting requirements.
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