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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Tax Free Gym Visits And Swimming Lessons For Americans? House-Approved HSA Expansion Could Make It Happen, But Senate Isn't That Keen

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House Republicans want to let Americans swipe their Health Savings Account cards at the front desk of their local gym, but the Senate isn't sweating the idea yet.

What Happened: Under the House-passed "One Big Beautiful Bill Act," up to $500 a year, $1,000 for couples, spent on memberships or fitness classes such as weight training, swimming, or spin would qualify as a medical expense, making those dollars tax-free.

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