Title IX. Revenue Provisions

Additional Health Savings

The Act will impose an additional 10 percent penalty on non-health withdrawals from HSAs and Archer MSAs; limit Flexible Spending Accounts under cafeteria plans to $2,500; eliminate, starting in 2012, the deduction for employer subsidies for retiree drug coverage under Part D; raise the floor on the itemized deduction for major medical expenses to 10 percent of AGI for the non-elderly and non-disabled; and limit excessive compensation paid by certain health insurance companies.

Continue to Additional Tax Benefits for Healthcare

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