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H.R. 2063

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to permit one-time, tax-free distributions from retirement plans to fund health savings accounts.
About This Bill
Committee
Latest Action · May 3, 2005
Referred to the House Committee on Ways and Means.
Congress
109th (2005–2007)
Introduced
May 3, 2005
Cosponsors (15)
0D 15R
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Summary

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Amends the Internal Revenue Code to exclude from the gross income of an employee covered under a high deductible health care plan a distribution from such employee's qualified retirement plan to fund a health savings account. Exempts such a distribution from the 10 percent penalty on early distributions from qualified retirement plans.

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