Health Savings Accounts For All Act of 2024

This bill would expand Health Savings Account (HSA) eligibility by increasing contribution limits for most individuals and adding additional allowances for those aged 50 or older. It would broaden the range of qualifying expenses to include menstrual care products, vitamins, dietary supplements, gym memberships, and wearable fitness trackers. The legislation would also allow HSA funds to be rolled over to children or parents and provide bankruptcy protections for HSAs similar to retirement accounts. Additionally, it would permit certain medical expenses incurred before establishing an HSA to still be considered qualified expenses.