Money Deposited into FSAs Can Be Rolled Over into the Next

question 27

True/False

Money deposited into FSAs can be rolled over into the next year,while HSA funds left over at the end of the year are forfeited.

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Definitions:

Consumption Expenditures

Total spending by households on goods and services, excluding purchases of new housing.

Saving

The process of setting aside a portion of current income for future use.

Domestic Investment

Financial expenditures within a country on capital goods that will be used for future production, such as buildings, machinery, and equipment.

Goods and Services

Physical products and intangible acts or performances offered in the market for consumption.