Universal Savings Accounts

Combine HSAs, IRAs, and Educational IRAs and make a Universal tax-free/pre-tax Savings Account. This would be a powerful tax simplification idea and one that would bring a 'choice' agenda front and center. Education, health, and retirement are key life events and it is not necessary to containerize the funds for them.

The power of Universal Savings Accounts is that it could keep expenditures deemed to be 'pre-tax' out of the tax system, and in an non-complex way.