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Ashford University Week 2 ACC Federal Income Discussion

 

I’m working on a English question and need guidance to help me study.

Part 1

In your own words, explain the purpose of a Health Savings Account (HSA), the qualifications to be eligible for a HSA deduction, and the consequences of an employer contribution to an employee’s HSA. 300 words

Part 2

In your own words, explain how a personal casualty loss is determined and how the loss is calculated. Include in your discussion post how the determination of the loss is made, and the limits or floors that are placed on personal casualties, as well as any exceptions to those limits. 300 words