By Jared Bilski
The popularity of tax-advantaged accounts like FSAs and HSAs has surged in recent years. But many feel the rules governing these accounts could use a makeover, and now there’s a new bill being considered that would do just that.
The Family and Retirement Health Investment Act of 2013 was introduced by Senate Finance Committee Ranking Member Orrin Hatch (R-UT) and Sen. Marco Rubio (R-FL), and the bill aims to strengthen HSAs and FSAs and expand the accounts to cover more individuals.
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