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Jennifer's Employer Withholds $1,500 of Her Pre-Tax Wages in a Plan

Question 2

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Jennifer's employer withholds $1,500 of her pre-tax wages in a plan that Jennifer can use to pay for unreimbursed medical expenses,childcare,and parental care.What is this plan called?


A) Individual retirement account
B) Flexible spending account
C) Deferred compensation plan
D) Medical spending account

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