Which of the following is not true regarding participation in a health savings account?

Multiple Choice

• The taxpayer must participate in high deductible health plan that meets a specified minimum annual deductible.

• The taxpayer must participate in high deductible health plan with an out-of-pocket expense no greater than a specified maximum amount.

• The taxpayer cannot have a separate vision care insurance plan.

• Distributions from a health savings account are tax free if they pay for qualified medical expenses of the taxpayer, spouse, and dependents.

• All of these choices are correct.