Post on 16-Mar-2016
description
transcript
http://healthreimbursementaccount.org
Employee Benefits POWERPOINT PRESENTATION
AboutHRA Account Design ADVANTAGES
By healthreimbursementaccount.org
http://healthreimbursementaccount.org
What is the appeal of HRA, Health Reimbursement Account
design?
http://healthreimbursementaccount.org
In the 2000 s, ' HSA, health savings
accounts, were very popular.
http://healthreimbursementaccount.org
Mainly since the G. W. Bush administration popularized them
substantially.
http://healthreimbursementaccount.org
Interestingly, more recently, HSA accounts have become seriously
restrictive (20 FINE% +income tax for early withdrawal).
http://healthreimbursementaccount.org
Fortunately, you will find HRA accounts.
http://healthreimbursementaccount.org
Best Kept Secret Of Employee Benefits
http://healthreimbursementaccount.org
HRA is held by the company instead by the employee.
http://healthreimbursementaccount.org
HRA can be simply set up , come with huge versatility and retain
tax-free advantages of HSA.
http://healthreimbursementaccount.org
Flexibilities of HRA
http://healthreimbursementaccount.org
Flexibility 1 Roll over unused –funds directly into following year
OR NOT.
http://healthreimbursementaccount.org
Flexibility 2 Choose yearly –contribution every year
individually.
http://healthreimbursementaccount.org
Flexibility 3 Contribution can be –depending on employees role within
the firm.
http://healthreimbursementaccount.org
Flexibility 4 Flexibility in –determining what health expenses
will be reimbursed.
http://healthreimbursementaccount.org
Flexibility 5 Versatile availability –of cash, through charge cards, bank
checks, or paper claim documents.
http://healthreimbursementaccount.org
Flexibility 6 Yearly amendment of –the package.
http://healthreimbursementaccount.org
Flexibility 7 Interest on the –account may be placed into the
account OR NOT.
http://healthreimbursementaccount.org
Flexibility 8 HRA can be coupled –with HSA, OR NOT.
http://healthreimbursementaccount.org
Flexibility 9 HRA may be –accompanied by an insurance plan, OR
NOT.
http://healthreimbursementaccount.org
As you can see, you can find enormous flexibilities that allow a company
to provide tax-free benefits to workforce.
http://healthreimbursementaccount.org
At the same time, the business is able to manage cashflow effectively every year.
http://healthreimbursementaccount.org
For more detailed information on HRA concepts, see
healthreimbursementaccount.org/hra plan design flexibilities wha_ _ _ _
t is an hra health plan.html_ _ _ _ _
http://healthreimbursementaccount.org
Simply Go to http://healthreimbursementaccount.org and look for the HRA Design section.