S 1565 · 119th Congress

Lowering Costs for Caregivers Act of 2025

This bill makes it easier for people to use tax-advantaged savings accounts to pay for their parents' medical expenses. Right now, if you have a Health Savings Account, Flexible Spending Account, Health Reimbursement Arrangement, or Archer MSA, you can only use that money for your own medical care or your spouse's m…

Sponsor

Rosen, Jacky (D-Nevada)

Introduced

2025-05-01

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.