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A Health Reimbursement Arrangement, also known as a Health Reimbursement Account (HRA), [1] is a type of US employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses and, in limited cases, to pay for health insurance plan premiums.
The median balance in retirees' retirement accounts was $170,000. It's important to note a few things about those numbers. First of all, that only includes retirees with any savings in retirement ...
The average retiree spends $4,345 on monthly expenses — and burns 75% of that on these 4 things. ... Health spending makes up $7,030 in annual spending for retirees. ... By putting these savings ...
Health Savings Accounts vs. Health Reimbursement Accounts vs. Medical Savings Accounts vs. Flexible Spending Accounts – helpful PDF chart comparing these, but has not been updated since 2005; Commentary/Commentaire: It's time to consider Medical Savings Accounts, David Gratzer, CMAJ, July 23, 2002; 167(2).
HSA vs. flexible spending account (FSA) HSAs and FSAs have similarities and differences. Here is a comparison of the two to help you decide which option is more suited to your needs and goals.