All of the following statements about the tax treatment of Health ...

[soccerdreamer_17]

All of the following statements about the tax treatment of Health Savings Accounts (HSAs) are true EXCEPT
 
  A) Contributions to a qualified HSA are tax deductible.
  B) Distributions from a qualified HSA used to fund medical expenses are taxable income.
  C) Investment income in a qualified HSA accumulates income tax free.
  D) Distributions from a qualified HSA prior to age 65 for nonmedical purposes are subject to a 10 percent penalty tax.

Question 2

The Affordable Care Act requires all new medical expense plans to provide a comprehensive set of coverages and services. This comprehensive set of coverages and services that must be provided are called
 
  A) essential health benefits.
  B) dread disease benefits.
  C) long-term care benefits.
  D) respite care benefits.

[sierrahalpin]

Answer to Question 1

Answer: B

Answer to Question 2

Answer: A

[soccerdreamer_17]

TYSM

[dantucker]

Gracias!