IRS Issues Guidance on HSAs

IRS issued IRS Notice 2026-05 on December 9, 2025, provides guidance on new tax benefits for Health Savings Account (HSA) participants under the One Big Beautiful Bill (OBBB). Key changes include: Telehealth Services: The ability to receive telehealth and remote care services before meeting the high-deductible health plan (HDHP) deductible is now permanent, effective for plan years beginning on or after January 1, 2025. Bronze and Catastrophic Plans: Bronze and catastrophic plans available through an Exchange will be treated as HSA-compatible, regardless of whether they satisfy the general definition of an HDHP. It is effective for months after December 31,2025…. Read More