Monday, October 12, 2009
HRA or HSA? The ABCs of insurance
Q. How do I tell an HRA from an HSA?
HRAs are employer-funded accounts that help pay out-of-pocket costs. That money belongs to the company and stays with it if a worker leaves. In contrast, customers own health savings accounts, or HSAs, which let them set aside pre-tax dollars for health costs. Unused money stays in the accounts, earning interest...
Charlotte Observer: HRA or HSA? The ABCs of insurance
HRAs are employer-funded accounts that help pay out-of-pocket costs. That money belongs to the company and stays with it if a worker leaves. In contrast, customers own health savings accounts, or HSAs, which let them set aside pre-tax dollars for health costs. Unused money stays in the accounts, earning interest...
Charlotte Observer: HRA or HSA? The ABCs of insurance