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1.
Which of the following is a disadvantage of health savings accounts?
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People who are low income might not enjoy the savings that HSAs provide. If your income is low enough that it is not taxable, then you will not get the tax savings provided by an HSA.
2.
Health savings accounts are completely portable, meaning that you can take your HSA with you when you _______.
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All of the above. You can always keep your HSA account and/or take it with you regardless of changes in your circumstances.
3.
One of the advantages of health savings accounts is that the HSA-qualified insurance provides _______.
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All of the above. HSAs provide all these advantages to purchasers of HSA-qualified insurance.
4.
Health savings accounts offer Americans a way to _______.
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All of the above. HSAs provide all these opportunities for Americans.
5.
Which of the following tax advantages apply to HSAs?
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All of the above. These are the three tax advantages that HSAs offer.