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Can the employee access all of the annual HRA funds at the beginning of the year?

April 26, 2017annual beginning employee funds HRA year

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Can the employee access all of the annual HRA funds at the beginning of the year?

1 Answer

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We have elected to incorporate a Benefits Card option that will allow employees easy access to their FSA account and the entire annual contribution to the HRA at the beginning of the year. The card would also reduce the need to pay for prescription drugs and services up front and then seek reimbursement.