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Problem 1: Robin's employer sponsors a group health insurance plan and a health care flexible spending account (FSA). This year (2020), Robin contributed $1,000 to the FSA. Her out-of-pocket copayments and deductibles for medical and dental care were $950, and she spent $50 to purchase aspirin and over the counter cold remedies in preparation for the cold and flu season. Which of the following statements concerning Robin's FSA is correct?
Group of answer choices
a. In order to receive a reimbursement from the FSA, the code requires Robin to incur the expenses and request a distribution by the end of this year.
b. Based on her expenses to date, Robin's FSA would reimburse her $950 if she timely filed for reimbursement.
c. Based on her expenses to date, Robin's FSA would reimburse her $1,000 if she timely filed for reimbursement.
d. The unused balance of Robin's FSA may be carried forward and used for up to two additional tax years.
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