Answered

Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Is a Flexible Spending Account funded by an employer?

A. TRUE
B. FALSE

Sagot :

GinnyAnswer

Final answer:

Flexible Spending Accounts are funded by employees, not employers.


Explanation:

FALSE. A Flexible Spending Account (FSA) is funded by employees, not employers. It allows employees to set aside a portion of their pre-tax earnings to pay for eligible medical expenses, such as copayments, deductibles, and some over-the-counter medications.


Learn more about Flexible Spending Accounts here:

https://brainly.com/question/36277301


We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.