Employee Benefits
Recorded Webinar | Benefit Plan Compliance: Account-Based Plans
Recorded Webinar | Benefit Plan Compliance: Account-Based Plans
Most employers offer healthcare options to their employees that include account-based plans—Health FSAs, HRAs or HSAs. Health FSAs and HRAs are employer-provided group health plans that allow for the payment or reimbursement of expenses for medical care on a tax-favored basis. HSAs, on the other hand, are tax-favored trusts or custodial accounts owned by the employee that are generally used to pay for qualified medical expenses.
In this presentation, the Regulatory & Legislative Strategy group reviews each type of account-based plan, including how they may impact each other, and illustrates the benefits and advantages of each.