5. All of the following statements regarding a Health Savings Account are true except:

a.	Contributions made to the HSA by the plan participant are tax-deductible as an adjustment to gross income (above the line).

b.	Distributions from the HSA to pay for medical expenses are excluded from income.

c.	An employer makes contributions to an HSA on behalf of an employee, and the contribution limits are not exceeded, the employer contribution is not included in the taxable income of the employee.

d.	A 10% penalty applies to nonmedical expense withdrawals prior to age 65.