Jack is age 45 and owns a self-only high deductible health policy with a $7,000 deductible under his HSA. What is his maximum permitted HSA contribution in 2020?

$3350

Step-by-step explanation:

HSA holders have the opportunity to keep a certain amount in reserve up to $3350 for an individual and $6650 for a family. Those that are 55 and older have the opportunity to accumulate an additional $1000 which implies that $4350 per individual and $7650 per family, in which these contributions require 100% tax -deductible at gross income.

Thus, the maximum permitted HSA contribution in 2020 for Jack is $3350.

the answer is 13 cm

explanation:

remove parenthesis:

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apply rule

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multiply fractions:

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divide:

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mordancy.