Which of these is false about Health Savings Accounts? Prof Troesh loves HSAs O You can pay for medical bills from an HSA and pay no taxes for withdrawing the money You must use the money by the end of the year or lose the money in the HSA O You need a high deductible health plan to open and HSA O You get a tax deduction for the money you contribute to an HSA

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
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Which of these is false about Health Savings Accounts?
Prof Troesh loves HSAs
You can pay for medical bills from an HSA and pay no taxes for withdrawing the money
You must use the money by the end of the year or lose the money in the HSA
O You need a high deductible health plan to open and HSA
You get a tax deduction for the money you contribute to an HSA
Transcribed Image Text:Which of these is false about Health Savings Accounts? Prof Troesh loves HSAs You can pay for medical bills from an HSA and pay no taxes for withdrawing the money You must use the money by the end of the year or lose the money in the HSA O You need a high deductible health plan to open and HSA You get a tax deduction for the money you contribute to an HSA
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