HR2667119th CongressWALLET

Flexible Savings Arrangements for a Healthy Robust America Act

Sponsored By: Representative Bean (FL)

Introduced

Summary

Creates a way to move pre-tax funds from a health flexible spending arrangement (FSA) or a health reimbursement arrangement (HRA) directly into a health savings account (HSA) when an employee starts coverage under a high-deductible health plan (HDHP). The bill would define a new "qualified HSA distribution," set transfer caps tied to existing FSA rules, require W-2 reporting, and apply to distributions made after December 31, 2025.

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  • Employees and families: Workers who begin HDHP coverage after a significant gap could transfer pre-tax FSA or HRA balances into an HSA, giving them immediate HSA funds for qualifying medical costs. Transfers are capped at the dollar limit under section 125(i)(1) and that cap is doubled for certain HDHP coverage.
  • HSA tax treatment: Part of any qualified HSA distribution would reduce the deductible HSA contribution limit to the extent it reflects increases in the originating FSA or HRA before the transfer. This prevents accumulating extra tax-preferred balances from both accounts at once.
  • Employers and plan sponsors: Plans can treat the remainder of the plan year after a transfer in a way that preserves HSA eligibility, and employers must report qualified HSA distributions on employees' Form W-2 as a new line item.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Shift FSA/HRA money into your HSA

If enacted, workers who start a high-deductible health plan after a long gap could move money from an FSA or HRA straight into an HSA. Transfers would go directly to the HSA and would be capped at the annual health FSA limit, doubled for family HDHPs. Your tax-deductible HSA contribution for the year would drop by part or all of that transfer. The reduction could not exceed how much your FSA or HRA balance grew earlier in the plan year, and carryovers would not count. For the rest of the plan year, your FSA or HRA would need HSA‑compatible terms. Employers would report the transfer amount on your Form W‑2. These changes would apply to transfers made after December 31, 2025.

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Sponsors & CoSponsors

Sponsor

Bean (FL)

FL • R

Cosponsors

  • Rep. Panetta, Jimmy [D-CA-19]

    CA • D

    Sponsored 4/7/2025

  • Crenshaw

    TX • R

    Sponsored 4/7/2025

Roll Call Votes

No roll call votes available for this bill.

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