Robert Latta (R-OH)

Stop Penalizing Working Seniors Act

H.R. 6577 · House bill Taxation

A Republican bill with 3 Republican cosponsors · See all 3 cosponsors

Last activity — Referred to the House Committee on Ways and Means.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Stop Penalizing Working Seniors Act," aims to amend the Internal Revenue Code of 1986. It specifically focuses on the rules regarding contributions to health savings accounts. The legislation seeks to allow individuals to contribute to these accounts if they are only enrolled in Medicare Part A. This change would apply to individuals whose only entitlement is hospital insurance benefits under part A of title XVIII. The amendment is intended to take effect for taxable years beginning after December 31, 2024.

Yes· 3 of 5

  • Scored +4

    Would people over 65 be better off under this?

    The bill expands health savings account eligibility for individuals enrolled only in Medicare Part A.

  • Scored +4

    Would retired people be better off under this?

    The bill provides increased financial flexibility for retirees who are only enrolled in Medicare Part A.

  • Scored +3

    Would middle-income households be better off under this?

    The bill enables middle-income seniors to use tax-advantaged health savings accounts.

The opposite

No question was scored the opposite.