For public sector employees, a Funded HRA provides a source of tax-free funds to pay for out-of-pocket uninsured medical expenses. There’s more! It also allows employees to invest, accumulate interest, and receive reimbursement payments all tax-free. Money in the Funded HRA can be used by employees during their working years and after termination of employment or retirement.
These types of programs are unique, requiring diligent compliance efforts and unquestionable ethical standards. We assists with the funding and reimbursement components alike, ever mindful of ongoing regulatory compliance. We continuously improve our plans and options to ensure our Funded HRA fits employers of every type and size. Choose between Integrated or Retiree plan, each with three tiers of options.