The One Big Beautiful Bill, or OBBB, brings new rules that help more people use Health Savings Accounts, or HSAs, to save for medical costs tax free. These changes make it easier to get care and still add money to an HSA.
What is an HSA?
-
An HSA is a special account you use to save money for doctor visits, medicine, and other health costs.
-
The money you put in is not taxed, and you can spend it on many health needs.
-
To use an HSA, you usually need a high deductible health plan, called an HDHP.
Telehealth gets a big boost
-
Starting with plan years on or after Jan. 1, 2025, you can get telehealth and other remote care before you meet your deductible and still be allowed to put money in an HSA.
-
This means you can talk to a doctor by phone or video sooner and keep your HSA benefits.
Bronze and catastrophic plans now count
-
On Jan. 1, 2026, bronze and catastrophic health plans will be treated like HDHPs for HSA rules.
-
People in these plans, even if they did not buy them on an Exchange, will be able to contribute to an HSA, which many could not do before.
Help for direct primary care
-
Also starting Jan. 1, 2026, some people in direct primary care (DPC) service plans can still put money in an HSA.
-
They can even use HSA dollars, tax free, to pay the regular DPC fees if the plan meets the new rules.
Why this matters
-
These OBBB changes mean more families can save tax-free money to pay for both in-person and online health care.
-
Notice 2026-05 explains the details so people, employers, and tax pros know how to use these new HSA benefits.
Reach out now, before another year slips by. One calm conversation can turn fear and confusion into a clear HSA game plan that protects your family, your business, and your future. Click here or call now.
Featured in the International Business Times, Marcelino Dodge, EA, CTRC shares how he helps taxpayers break free from IRS stress and rebuild financial confidence — read the full story now.
Learn more on The Tax Answers Advisor podcast.
No comments:
Post a Comment