laurenkrupa16 laurenkrupa16

17-06-2024
Business

Answered

Is a Flexible Spending Account funded by an employer?

A. TRUE
B. FALSE

Answer :

GinnyAnswer GinnyAnswer

17-06-2024

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

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