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What Is the Amount of the Deductible HSA for Each

question 90

Essay

What is the amount of the deductible HSA for each of the following taxpayers?
a. Amelia and Albert, both age 43, have a qualifying high-deductible insurance plan. They contribute $5,700 to a family HSA.
b. Betsy, who is single, 72 years old and covered by Medicare, wants to contribute the maximum amount to an HSA.
c. Carlo has health insurance through his employer which has low deductible amounts. He is 34 years old and is married. Carlo wants to contribute the maximum to an HSA.
d. Diane is 57 years old. She has a qualifying high-deductible insurance plan. She has contributed $4,300 to her HSA.


Definitions:

Collective Goals

Collective goals are objectives shared by members of a group or organization, aiming for outcomes that benefit the group as a whole rather than individual members alone.

Interdependent

A state or condition where individuals or groups are mutually reliant on each other to achieve goals or outcomes.

Additive Tasks

Tasks where the contributions of each member of a group are combined to produce a final outcome.

Conjunctive Tasks

Tasks that can only be completed successfully if all group members contribute, with the group's overall performance limited by its weakest link.

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