Reports and Surveys | June 4, 2020
As a health plan sponsor, you need to make decisions driven by data in order to help guarantee your participants have access to the care they deserve. Flexible spending accounts (FSAs), health savings accounts (HSAs), and health reimbursement arrangements (HRAs) can each be effective components of your overall health plan, but only if you understand the differences and similarities between 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. In addition, the chart contains updated numbers for 2021 concerning HSAs and high-deductible health plans (HDHPs).
Download the chart to learn more.
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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