Month: April 2022

What is a HRA Insurance Plan A Health Reimbursement Arrangement (HRA) is an employer-sponsored type of health-based account for reimbursing employees with tax-free funds used […]

What is a SIMPLE IRA Account Simple IRA meaning A SIMPLE IRA (Savings Incentive Match Plan for Employees) is a workplace retirement plan for small […]

What does HDHP mean in Health Insurance HDHP (High Deductible Health Plan) is a health policy that features low premiums and a high deductible when […]

What is the HSA plan Health savings accounts (HSAs) are tax-deferred savings account that helps contributors save and invest for future qualified medical expenses that […]

Thrift Savings Plan explained A thrift savings plan TSP is a tax-deferred plan available to federal and uniformed services workers which includes the Ready Reserve. […]