Contributions made by the employer into employees' health savings accounts are excluded from the employee's taxable income.

Name: Contributions made by the employer into employees' health savings accounts are excluded from the employee's taxable income.
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Question

Quizplus · Accepted Answer

Contributions made by the employer into employees' health savings accounts (HSAs) are considered pre-tax and are not included in the employee's taxable income. Additionally, withdrawals from HSAs used for qualified medical expenses are also tax-free.

Contributions Made by the Employer into Employees' Health Savings Accounts