Trump admin rolls out big beautiful Bill's health savings accounts that lower taxable income, earn interest

The Trump administration released new details on Health Savings Accounts following the passage of the "Big Beautiful Bill." The new law expands the share of people who can start tax-free Health Savings Accounts, also known as HSAs, according to a Dec. 9 release from the Treasury Department and the IRS. HSAs allow participants to set aside money for deductibles, copayments, and coinsurance while lowering taxable income, according to a webpage...