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By Diversified Benefit Services
FSAs are pre-tax accounts allowed under the IRS code that allow you to pay for out-of-pocket qualified health care, dental, vision and dependent care expenses with pre-tax dollars. You elect the dollar amount you want to contribute and the money is deducted in equal installments from your... Read more »
By Diversified Benefit Services
An Individual Coverage HRA (ICHRA) allows employers of any size to designate funds that employees can access tax-free to reimburse the cost of their individual health insurance premiums (including Medicare), as well as out of pocket medical, dental and vision expenses. Qualified expenses are... Read more »
By Diversified Benefit Services
A HRA is an employer funded account used to reimburse a portion of your out-of-pocket health care, dental or vision expenses. HRAs are designed to help make your health care more affordable and to lessen your out-of-pocket expenses. Read more »
By Diversified Benefit Services
A Health Savings Account (HSA) is an individually owned tax exempt trust account that you own and can put money into to pay for current and future medical expenses. There are certain advantages to depositing money into these accounts, including favorable tax treatment. Read more »
By Diversified Benefit Services
It is a Flexible Spending Account you can enroll in when you have a Health Savings Account. It allows you to be reimbursed tax-free for dental and vision expenses. You elect the dollar amount you want to contribute and the money is deducted in equal installments from your paychecks before taxes... Read more »
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