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Plan Comparison

Section 125 Plans

What is it?

Health Savings Account

An HSA is a savings account that is used in combination with a high-deductible health plan (HDHP) that lets you set aside pre-tax funds. You can use your HSA funds to cover qualified medical expenses.

Health Reimbursement Arrangement

An HRA is an account funded by an employer that can be used to reimburse eligible expenses. The employer determines which expenses are eligible.

Flexible Spending Account

An FSA is an account an employer establishes that allows you to set aside pre-tax funds aside to pay for eligible medical, dental, vision or daycare expenses.

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