How Health Care Savings Can Lead to Tax Savings: When to Recommend an HRA
CTP
JANUARY 22, 2025
Like many HRAs, defined contribution HRAs can utilize an annual benefit card, so employees can pay for qualified expenses immediately as long as they fall under that set limitwhether thats $1,000 or $2,000 or any other amount. The same is true for out-of-pocket expense reimbursement.
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