Senior Health Planning Account Act
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Senior Health Planning Account Act
This bill allows tax-exempt senior health planning accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. The bill excludes from gross income (1) the gains that are contributed to the accounts, and (2) distributions from the accounts that are used exclusively for the health care expenses of the account beneficiary or the account beneficiary's spouse.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5958: Senior Health Planning Account Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5958/
"H.R. 5958: Senior Health Planning Account Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5958/.
H.R. 5958, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5958/.
[H.R. 5958: Senior Health Planning Account Act](https://openamerica.io/bill/116-HR-5958/)