Who can set up a health savings account? Check ALL that apply. 1. a self-employed individual...
Who can set up a health savings account? Check ALL that apply.
1. a self-employed individual with a high deductible plan
2. an employer with a high deductible plan
3. only the government.
4. anyone who has a salary
Homework Answers
To set up a Health Saving Account -
Either a self employed individual with a high deductible heath plan or an employer with a high deductible heath plan are eligible. High deductible heath plan is defined under IRS. No other person can set up HSA.
Therefore, the correct answer is option 1 and 2.
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Who can set up a health savings account? Check ALL that apply. 1. a self-employed individual...
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