Which of following statements concerning health savings accounts (HSA)

Which of following statements concerning health savings accounts (HSA) is incorrect?

A)

Your contributions are tax deductible whether or not you itemize.
B)

Employer contributions are not included in your gross income.
C)

Amounts in the account at the end of the year are forfeited.
D)

Funds in the account may be used as a source of retirement funds.

 

 

ANSWER

C

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