A Health Reimbursement Arrangement (HRA) is an employer-owned and funded account to which Purdue contributes funds that may be used tax-free for eligible medical, prescription, over-the-counter, ...
With FSAs and the HRA, cards may only be swiped to spend funds for the current plan year. For example, if you had an FSA in 2022 and another in 2023 and used the card within the prior year's runout ...
you get $400 a year from your employer in your HRA which you can use for qualified health expenses. Like a health flexible spending account (FSA), a health savings account (HSA) allows you and ...
So what are HRA benefits? How do they compare to Health ... allowing employees to build a substantial healthcare savings account over time. HRAs offer several advantages for employers, making ...
The Health Investment Option is uniquely designed for both current-year and long-term planning for health care expenses. That’s because it combines medical coverage with a tax-advantaged Health ...