Life insurance question

4 Sidra, a sole proprietor of a clothing store, is married, with two children. She is considering purchasing a personal health spending plan (PHSPs). Which is the correct statement regarding contributions to this type of plan? a. O Contributions for business owners are limited to $1,000 per year for the owner and $800 for each family member per year b. O Contributions for each member in the plan are limited to $1,000 each per year c. O Contributions must be used to purchase qualifying services within two years or they are forfeited d. O Contributions are tax deductible for the owner, up to a maximum amount each year SUBMIT EXAM NEXT QUESTION acer FE F10 F11 Arrbidet RULE S CY. sysROV Syst. Break Insert Super. 26 6 3 1/4 1/2 U P G H K N M U