IRS Issues Notice on GOP Law’s Health Savings Account Expansion

The IRS and Treasury Department released guidance Tuesday on the expansions made to health savings accounts in the GOP’s tax-and-spending law.

Notice 2026-5 addresses changes to telehealth and remote care services, bronze and catastrophic plans under the Affordable Care Act treated as high-deductible health plans, and direct primary care service arrangements.

Comments on the guidance are due by March 6.

HSAs are tax-advantaged accounts that taxpayers can use to pay and reimburse medical expenses. In addition to the expansion of HSAs in the GOP tax law enacted in July, Republicans are also considering proposals to provide federal funding ...