Difference between revisions of "Health reimbursement account"
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| − | [[Health reimbursement account]]s (HRA) is similar to a 401(k) pension fund in that an employer contributes a fixed amount of tax-deferred money into an account for the employee to use for medical expenses. | + | [[Health reimbursement account]]s (also known by its acronym, [[HRA]]) is similar to a 401(k) pension fund in that an employer contributes a fixed amount of tax-deferred money into an account for the employee to use for medical expenses. |
Latest revision as of 06:30, 5 November 2019
Health reimbursement accounts (also known by its acronym, HRA) is similar to a 401(k) pension fund in that an employer contributes a fixed amount of tax-deferred money into an account for the employee to use for medical expenses.
Definitions
According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),
- Health reimbursement accounts (HRA). Similar to a 401(k) pension fund in that an employer contributes a fixed amount of tax-deferred money into an account for the employee to use for medical expenses.
Related concepts
- Labor relations. The systematic study of attitudes, motivations, and behaviors which two or more job-market actors assume toward each another.
