An individual is depositing money into an account used to pay for out-of-pocket healthcare expenses. The money in the account earns interest, and the individual does not lose any money that is still in the account at the end of the year. What type of account is this individual using?
A) Flexible spending account
B) Tax-free savings account
C) Health savings account
D) Self-pay spending account
Correct Answer:
Verified
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