What is a significant difference between flexible spending arrangements (FSAs) and health savings accounts (HSAs)? a. Only

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What is a significant difference between flexible spending arrangements (FSAs) and health savings accounts (HSAs)?
a. Only FSAs may be included as part of a cafeteria plan.
b. HSAs may accompany any type of employer-sponsored health insurance.
c. Amounts contributed to HSAs may remain in the account for use later in life.
d. No annual pre-tax contribution limit exists for FSAs.

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Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

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