Which of the following statements concerning Medical Savings Accounts (MSAs) and Health Savings Accounts (HSAs) is correct?
a. MSA and HSA contributions are permitted to be claimed as a medical expense on the taxpayer's Schedule A (Itemized Deductions)
b. Retired taxpayers enrolled in Medicare can use HSAs to generate tax benefits for out of pocket medical costs
c. Taxpayers who use MSAs and HSAs convert below the line deductions into above the line deductions.
d. MSAs can be created by anyone who has a high deductible health insurance plan