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FSAs, HRAs & HSAs

Alphabet Soup? All three of these programs are a type of reimbursement of medical expenses for employees and/or retirees. Many times you will find two or more of these programs offered by a particular employer. There are some important differences which are outlined in the matrix below. When designing an HRA plan, it is important for the employer to seek and receive good advice with respect to the effect of offering more than one of these types of programs.

 HRA, HSA & FSA Comparison

 

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