HSA Eligibility Part II

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Test your knowledge about Health Savings Accounts (HSAs) and their eligibility requirements. Answer whether the following make an individual ineligible to make/receive HSA contributions with a simple ✅ for yes or ❌ for no.

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employee training

hsa

hsa eligibility

Edad recomendada: 16 años

17 veces realizada

Creada por

Wednesday Wisdom

Estados Unidos

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HSA Eligibility Part IIVersión en línea Test your knowledge about Health Savings Accounts (HSAs) and their eligibility requirements. Answer whether the following make an individual ineligible to make/receive HSA contributions with a simple ✅ for yes or ❌ for no. por Wednesday Wisdom 1 An individual becomes HSA eligible first of the month after the FSA balance reaches zero. Yes No 2 Enrollment in a limited purpose FSA disqualifies an individual from HSA eligibility. Yes No 3 Self-employed (e.g., owners) individuals are not HSA eligible. Yes No 4 An employee with employee only HDHP coverage can use their HSA funds on a spouse or dependent. Yes No 5 A covered family member being enrolled in Medicare impacts an employee's HSA contribution limit. Yes No 6 An employee cannot use their HSA funds if they change to a PPO plan or enroll in Medicare. Yes No 7 A spouse's health FSA disqualifies their spouse's HSA eligibility. Yes No 8 Coverage for preventive care is permitted without affecting HSA eligibility. Yes No 9 Turning 65 disqualifies an individual from HSA eligibility. Yes No