Summary: H.R.975 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.975. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/13/2015)

Health Freedom for Seniors Act

Amends the Internal Revenue Code to allow tax-free transfers of required distributions after age 70 1/2 from an individual retirement account (IRA) and other tax-exempt retirement accounts to a health savings account. Exempts such transfers from the excise tax on excess contributions to tax-favored accounts and annuities.