Compliance News | May 14, 2021
As a health plan sponsor, flexible spending arrangements (FSAs), health savings accounts (HSAs) and/or health reimbursement arrangements (HRAs) can be effective components of your overall health plan, but only if you understand how they work and the differences (and similarities) among them.
That’s where this chart can help you. It breaks down at a glance the key elements of FSAs, HSAs and HRAs, including the tax status of employer contributions, maximum contribution levels, and more.
Download the chart to learn more.
In May 2021, we updated the chart to include the 2022 inflation-adjusted amounts for health savings accounts and high-deductible health plans.
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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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