Which of the following are not true regarding Health Savings Accounts? Choose one answer. a. You...
Which of the following are not true regarding Health Savings Accounts?
Choose one answer.
| a. You must be covered under a high deductible health plan. | ||
| b. Generally, you must have no other health coverage. | ||
| c. For 2018, the maximum that can be contributed for a self-only plan is $3,450 ($4,450 if 55 or older) | ||
| d. For 2018, the maximum that can be contributed for a family plan is $7,000 ($8,000 if 55 or older) |
Homework Answers
Answer-The option that is not true regarding Health Savings Accounts is d.For 2018, the maximum that can be contributed for a family plan is $7,000 ($8,000 if 55 or older).
Explanation:-
For 2018, the maximum that can be contributed for a family plan is $6,900 ($7,900 if 55 or older)
All.other are required to Health Savings Accounts.
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