Kristina and Milo have two children, ages 3 and 6. When they are making their annual budget, they determine they will have an "extra" $2,000 over the course of the year. They are considering three options. Kristina's employer allows her to make contributions to a flexible spending account. They are trying to decide if they should put the money in a health care FSA or a dependent care FSA. Or perhaps they should start an educational assistance plan for their children. Where should they put that extra money? a. Health care FSA b. Dependent care FSA c. Educational assistance plan

Kristina and Milo have two children, ages 3 and 6. When they are making their annual budget, they determine they will have an "extra" $2,000 over the course of the year. They are considering three options. Kristina's employer allows her to make contributions to a flexible spending account. They are trying to decide if they should put the money in a health care FSA or a dependent care FSA. Or perhaps they should start an educational assistance plan for their children. Where should they put that extra money? a. Health care FSA b. Dependent care FSA c. Educational assistance plan

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter3: Computing The Tax

Section: Chapter Questions

Problem 4BCRQ

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