Second, it helps their employees understand the “true” cost of healthcare which ultimately encourages them to spend their dollars and yours more wisely. Third, an HRA Plan is a tax-advantaged program, so reimbursements for eligible expenses are tax-free for the employee and can be a tax ...
HSA: Health Savings Account (HSA) FSA: Flexible Spending Account (FSA) HRA: Health Reimbursement Arrangement (HRA) Brokerage and trading: Mutual funds Other: Dependent Care, Commuter, Lifestyle, COBRA, Direct Billing, Premium Only Plans Investment options HealthEquity offers access to 3 options for...
Keep in mind: your HSA doesn’t have a “use it or lose it” rule, so you don’t have to spend the balance in your account by the end of the year, and the money in your account is yours for life — even if you change jobs, change health plans or retire.Consider...
Your HRA administrator will often be able to verify your claim automatically, but sometimes you’ll need to submit an itemized bill from your healthcare provider to substantiate your claim. By law, no expense is too small to be reimbursed, but your employer might require you to accumulate a ...
You’re about to hear from a woman who has built up a business in a part of the world that you wouldn’t expect. Bushra Azhar is the founder of The Persuasion Revolution, where small businesses make big bucks using the psychology of persuasion. I want to find out how she built her ...
Interviewee: Well, people know about the videos. I’m going to keep making videos. They’re probably the highest return on my time. I was talking to a foundation yesterday, and they were like, “What do you envision yourself in five years?” I spend, at least, 60 percent of my time...
Second, it helps their employees understand the “true” cost of healthcare which ultimately encourages them to spend their dollars and yours more wisely. Third, an HRA Plan is a tax-advantaged program, so reimbursements for eligible expenses are tax-free for the employee and can be a tax...