Amends Internal Revenue Code of 1986 (H.R. 5774)
Allow use of HSA funds for LTC expenses. By amending the Internal Revenue Code (IRC) of 1986 to Clarify Treatment of Distributions from Health Savings Accounts (HSAs) for LTC Services.
Health Savings Freedom Act of 2022 (H.R. 6474)
Increases from $3,000 to $6,000 the amount of the exclusion from gross income of distributions from a tax-exempt retirement plan for health and LTC insurance for public safety officers.