Which of the following statements about eligibility requirements for q

Which of the following statements about eligibility requirements for qualified Health Savings Accounts (HSAs) is (are) true?

I. Only individuals who are eligible for Medicare benefits can establish a qualified HSA.
II. Applicants must be covered by a high deductible health plan and not be covered by any other comprehensive health plan to establish a qualified HSA.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: B