Question

A health savings account (HSA) is a type of tax-advantaged personal health spending account that imposes...

A health savings account (HSA) is a type of tax-advantaged personal health spending account that imposes no restrictions on..

a. the amount of tax-deductible contributions

b. the deductibles required for the accompanying medical expense policy

c. the sources of contributions

d. all of the above

Homework Answers

Answer #1

The correct answer is option B i.e, the deductibles required for the accompanying medical expense policy

A health savings account (HSA) is a type of tax-advantaged personal health spending account that imposes no restrictions on the deductibles required for the accompanying medical expense policy.

It imposes restrictions on the amount of tax deductible contributions and sources of contribution, thus option B and c are incrorrect.

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