Bill to improve health savings accounts for Medicare users comes with a big downside

Bill to improve health savings accounts for Medicare users comes with a big downside

A new bill in Congress aims to give older Americans a tax break for setting aside money for medical expenses, a strategy many give up when they reach age 65.
There would be a trade-off, however.
Called the Health Savings for Seniors Act and introduced by Reps. Ami Bera, D-Calif., and Jason Smith, R-Mo., the bill would allow Medicare beneficiaries to contribute money to health savings accounts, or…

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