To amend the Internal Revenue Code of 1986 to treat distributions from health savings accounts for funeral expenses of the account beneficiary as qualified distributions.

TL;DR (AI)

• This bill allows health savings account (HSA) distributions used for funeral expenses of the account beneficiary to be considered qualified distributions.
• Funeral expenses, as defined by the bill, include costs for care and disposition of remains, with a $5,000 limit per beneficiary.
• The bill retroactively allows expenses incurred within 90 days of an account beneficiary’s death to be treated as if they were paid immediately before death.