Which of the Following Statements About Health Savings Accounts (HSAs)is

question 20

Multiple Choice

Which of the following statements about health savings accounts (HSAs) is true?

• A)There are no limits to annual contributions that an individual may make to his or her HSA.
• B)Once an individual has reached age 65 or is covered by Medicare,no additional contributions to the HSA may be made.
• C)The health insurance plan covering the HSA account beneficiary is not permitted to use a deductible.
• D)HSAs offer no tax benefits for the individual who establishes the account.

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Definitions:

Asbestosis

A lung disease resulting from the inhalation of asbestos particles, leading to lung scarring and shortness of breath.

Liver Disease

A broad category of diseases and disorders that affect the liver's ability to function properly, often leading to health complications.

Bladder Cancer

A type of cancer that begins in the cells of the bladder, the organ that stores urine, and can cause symptoms like blood in urine and painful urination.

Liver Disease

A broad term for any disorder or condition that causes the liver to function improperly or stop functioning.