The IRS has issued guidance on HSAs, answering questions about telehealth services, bronze and catastrophic plans under the ACA, and direct primary care arrangements.

The IRS sets restrictions on the use of HSAs, which are typically managed by banks or health insurance companies. For starters, on the ACA marketplace, they are available only to those with the highest-deductible health insurance plans — the bronze and catastrophic plans.

Crapo and Cassidy said in an announcement that the bill follows the Working Families Tax Cuts Act (also known as the One Big Beautiful Bill Act), which was signed into law in July and expanded the ability to pair HSAs with more health plans, including exchange plans.

In 2026, HSAs will max out as follows: To qualify for that extra $1,000 contribution in either category, you need to turn 55 by Dec. 31, 2026. Even if you're younger at the start of the year, you can still contribute the larger amount.

Among other changes, the guidance explains that bronze and catastrophic plans are considered HSA-compatible under Sec. 223.

A Q&A With a Doctor of Osteopathic Medicine on how Health Savings Accounts work, what they cover and how to use them before the year ends.

The more tax breaks you can take in the course of building retirement savings, the better. Though an HSA isn't strictly a retirement account, it can function as one. It pays to see if you're eligible to participate in an HSA in 2026, especially if you have new insurance.

Many older Americans are surprised to learn that Medicare won’t pay for routine dental care. How much these services cost can vary a lot depending on you