WorksheetsHSA, HRA, FSA, oh my!
Total questions: 18
Worksheet time: 12mins
Which two plans commonly have employer contributions?
HSA
FSA
HRA
None of the above
Which has contribution limits of $4,150 for self only coverage per year in 2024?
HSA
FSA
HRA
None of the above
Which has contribution limits of $3,200 per plan year in 2024 (regardless of tier)?
HSA
FSA
HRA
None of the above
Which has contribution limits of $8,300 for family coverage per year in 2024?
HSA
FSA
HRA
None of the above
Which can be paired with a Limited FSA (a.k.a. Limited Purpose FSA or Limited Use FSA)?
HSA
FSA
HRA
None of the above
Which has Catch Up rules allowing you to contribute more once you reach age 55?
HSA
FSA
HRA
None of the above
Which plan's qualified expenses are typically determined by the employer?
HSA
FSA
HRA
None of the above
Which is owned by the employee?
HSA
FSA
HRA
None of the above
Which can be used to help pay for qualified medical expenses?
HSA
FSA
HRA
None of the above
Which, when you leave the company, will the unused money stay with the employer?
HSA
FSA
HRA
None of the above
Which require(s) you to be enrolled in a high deductible health plan (HDHP)?
HSA
General FSA
HRA
None of the above
Which must you report on your taxes?
HSA
General FSA
HRA
None of the above
Which two plans are commonly contributed to by the employee?
HSA
FSA
HRA
None of the above
Which has tax advantages for the employee?
HSA
FSA
HRA
None of the above
Which has tax free interest if invested?
HSA
FSA
HRA
None of the above
Which can you use to buy toys for your kid’s birthday?
HSA
FSA
HRA
None of the above
Which account(s) can you use even if you haven't contributed any money to the account yet?
HSA
FSA
HRA
None of the above
Which is/are a "Use it or Lose It" plan(s), but in some cases can have a certain amount of funds rolled over to the following year?
HSA
HRA
FSA
None of the above
