To amend the Internal Revenue Code of 1986 to allow individuals entitled to Medicare Part A to make contributions to health savings accounts.

HR 5709 would amend the tax code to allow individuals who qualify for Medicare Part A due to age (typically 65+) to contribute to Health Savings Accounts (HSAs). Currently, Medicare beneficiaries are ineligible to contribute to HSAs, but this bill removes that restriction by updating the Internal Revenue Code. The key change adds a new eligibility category for Medicare Part A beneficiaries to the tax code provisions governing HSAs. This policy change directly affects seniors enrolled in Medicare Part A, enabling them to use HSAs for qualified medical expenses as part of their healthcare savings strategy. The amendment applies to contributions made after December 31, 2023.