FBA Foundations 101 Frog Jump

Froggy Jumps

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Questions are based on FBA Foundations 101

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Teri Training

United States

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FBA Foundations 101 Frog Jump


Froggy Jumps FBA Foundations 101 Frog JumpVersion en ligne Questions are based on FBA Foundations 101 par Teri Training 1 What does FBA stand for? a Fringe Bank Account b Fridge Benefit Account c Fringe Benefit Administration 2 Which of the three is NOT a FBA plan? a FSA (Flexible Spending Account) b HHA (Health Healing Account) c HRA (Health Reimbursement Arrangement) 3 What is NOT another term for Section 125 a Dependent Care Plan b Premium Only Plan c Cafeteria Plan 4 Choose the best definition of what an FSA plan is: a Allows employees to change their plans all year. b Allows employees to set aside pre-tax dollars to pay for out-of-pocket medical expenses. c Allows employees to set aside money for their stuff. 5 What type of expenses does a Limited Spending Account cover? a Dental and Vision only b Medical and Dental only c Medical and Vision only 6 What type of expenses does the Dependent Care FSA Account cover? a Child Care Expenses b Preschool Expenses c Both A & B 7 What is a Runout? a The timeframe participants can file for expenses incurred during the previous plan year. b The timeframe participants can claim receipts for that year. c Where funds can be rolled over to next year. 8 Which of these options wouldn't be allowed with an HSA? a Funds are yours until used up. b Funds can be matched by the employer. c The plan can be used with a PPO plan. 9 Which of these options wouldn't be allowed with an HRA? a Funds are 100% employer funded. b Funds can be invested. c The plan is built by the employer. 10 What is the Uniform Coverage Rule? a 100% of the funds are available on the first day of the plan year. b A limit of the amount for each claim set by the employer. c The plan renews automatically each year unless the EE stops the plan.

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FBA Foundations 101 Frog Jump

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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FBA Foundations 101 Frog JumpVersion en ligne

par Teri Training

What does FBA stand for?

Which of the three is NOT a FBA plan?

What is NOT another term for Section 125

Choose the best definition of what an FSA plan is:

What type of expenses does a Limited Spending Account cover?

What type of expenses does the Dependent Care FSA Account cover?

What is a Runout?

Which of these options wouldn't be allowed with an HSA?

Which of these options wouldn't be allowed with an HRA?

What is the Uniform Coverage Rule?