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For public sector employees, a Funded HRA provides a source of tax-free funds to pay for out-of-pocket uninsured medical expenses. 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.
We can help with the funding and reimbursement components while keeping an eye on regulatory compliance. Our Funded HRA fits employers of every type and size and you can choose between an integrated or retiree plan.
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