All of the following are characteristics of health saving accounts (HSAs) EXCEPT:
(a) Contribution to a qualified HSA are income tax deductible
(b) There is no annual contribution limit to an HSA
(c) HSAs are used in conjunction with a high deductible health plan
(d) HSA investment income accumulates income tax-free and distributions are tax-free if used to pay qualified medical expenses
Ans: (b) There is no annual contribution limit to an HSA
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A) One-way labeled B) Semantic differential C) Stapel D) Symmetric labeled E) Likert
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What will be an ideal response?