Which of the Following Statements About Eligibility Requirements for Qualified

question 13

Multiple Choice

Which of the following statements about eligibility requirements for qualified Health Savings Accounts (HSAs) is (are) true?
I.Only individuals who are eligible for Medicare benefits can establish a qualified HSA.
II.Applicants must be covered by a high deductible health plan and not be covered by any other comprehensive health plan to establish a qualified HSA.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II