WEX Inc.

MAY 2, 2024

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Health Savings Account 98

Health Savings Account 401(k) Flexible Spending Account Taxes 98

PeopleKeep

MARCH 11, 2020

Two of the options most commonly mixed-up are HSAs (Health Savings Accounts) and HRAs (Health Reimbursement Arrangements). Though they have similar sounding names, they actually function quite differently. In this post we'll compare the two benefits, highlight their differences, and discuss how they can be used together.

Health Savings Account 65

Health Savings Account 65

Higginbotham

JANUARY 12, 2024

When considering the three main types of health accounts (HRAs, HSAs and FSAs), it’s important to understand their pros and cons before deciding what to offer your employees. While employers are not required to offer HSAs, FSAs or HRAs, many choose to do so. HRA vs HSA vs FSA: What’s the difference?

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Deductions Deductible 52

PeopleKeep

MAY 24, 2021

Two of the most popular ABHPs are health savings accounts (HSAs) and health reimbursement arrangements (HRAs), including qualified small employer HRAs (QSEHRAs) made specifically for small businesses with fewer than 50 full-time employees.

Health Savings Account 98

Health Savings Account Benefits Package Deductions Deductible 98

BerniePortal

DECEMBER 17, 2021

A common question many people ask is “Can I have an HRA and an HSA at the same time?” The primary difference lies in the ownership of the account. An HSA is typically owned by an employee while an HRA is typically owned by an employer. The answer is yes.

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Employment Management Healthcare 98

WEX Inc.

APRIL 3, 2023

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Health Savings Account 52

Health Savings Account 401(k) Flexible Spending Account Taxes 52

BerniePortal

FEBRUARY 11, 2021

Benefits like HSAs and HRAs both allow employees to save on health costs by having tax-free funds dedicated to medical expenses. While the terms appear similar and are easily confused, there are key differences between HSAs and HRAs.

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Medical Taxes Employment IT 75