The Limits on Contributions to an HSA Savings Account Are

question 77

True/False

The limits on contributions to an HSA savings account are $3,300 per year for individuals and $6,150 for families.

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Definitions:

Margin of Safety

The difference between actual sales and sales at the breakeven point, indicating how much sales can decline before a loss occurs.

Variable Expenses

Costs that change in proportion to the activity or volume of a business operation.

Contribution Margin

The difference between sales revenue and variable costs; used to cover fixed costs and generate profit.

Break-Even Point

The sales level at which the company does not make a profit or incur a loss, denoting a balance between revenue and costs.