Question

An account that allows employees to use pre-tax income to pay for medical expenses is a

A) HMO.
B) PPO.
C) flexible spending account.
D) medical savings account.

Answer 1

A flexible spending account is an account that allows employees to use pre-tax income to pay for medical expenses. It is a type of benefit provided by employers to help employees save money on medical costs.

Step-by-step explanation:

A flexible spending account is an account that allows employees to use pre-tax income to pay for medical expenses. It is a type of benefit provided by employers to help employees save money on medical costs. With a flexible spending account, employees can set aside a certain amount of money from their salary each pay period, before taxes are deducted. This money can then be used to pay for qualified medical expenses, such as doctor visits, prescription medications, and medical supplies.