An Individual Coverage HRA
ICHRA plans An Individual Coverage HRA (ICHRA) is an employer-funded HRA that allows employers (of any size) to issue tax-free reimbursement for their employee’s individual […]
FSA Account
What is FSA account A Flexible Spending Account (FSA, also called a “flexible spending arrangement”) is a tax-advantaged healthcare account (Set up by an employer […]
Out-of-pocket limit
What is the Out-of-pocket limit This is the maximum amount (running total) that participants in a plan have to pay for covered services in a […]
HRA Insurance Plan
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 […]
SIMPLE IRA
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 […]
Thrift Saving Plan TSP
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. […]