Which of the Following Is a True Statement About HSAs

question 16

Multiple Choice

Which of the following is a true statement about HSAs?

• A) Earnings and qualified withdrawals from HSAs are not taxed.
• B) Unspent money from an HSA cannot be rolled into the next year.
• C) HSAs offer low deductibles for people who rarely need health care.
• D) Premiums on HSAs are higher than other health insurance policies.

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Definitions:

Critical-Thinking

The process of objectively analyzing and evaluating an issue or situation to form a judgment.

Problem-Solving

The process of finding solutions to difficult or complex issues through logical thinking, creativity, and decision-making.

Verbal Communication

The use of spoken words to convey messages, ideas, or feelings to another individual or group.

Employers

Individuals or organizations that hire people to work for them, usually in exchange for a salary or wages.