Stop Penalizing Working Seniors Act
This bill allows Medicare-eligible individuals who are age 65 or older to contribute to health savings accounts if their entitlement to Medicare benefits is limited to hospital insurance benefits under Medicare Part A.
To amend the Internal Revenue Code of 1986 to allow individuals only 
 enrolled in Medicare Part A to contribute to health savings accounts.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stop Penalizing Working Seniors 
Act''.

SEC. 2. INDIVIDUALS OVER AGE 65 ENROLLED ONLY IN MEDICARE PART A 
              ALLOWED TO CONTRIBUTE TO HEALTH SAVINGS ACCOUNTS.

    (a) In General.--Section 223(b)(7) of the Internal Revenue Code of 
1986 is amended by adding at the end the following: ``This paragraph 
shall not apply to any individual during any period for which the 
individual's only entitlement to such benefits is an entitlement to 
hospital insurance benefits under part A of title XVIII of such Act 
pursuant to an enrollment for such hospital insurance benefits under 
section 226(a) of such Act.''.
    (b) Effective Date.--The amendments made by this subsection shall 
apply to taxable years beginning after December 31, 2020.
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Stop Penalizing Working Seniors Act
To amend the Internal Revenue Code of 1986 to allow individuals only enrolled in Medicare Part A to contribute to health savings accounts.
Stop Penalizing Working Seniors Act
Rep. Latta, Robert E.