Healthcare - HRA

Retiree Funded HRA

  • Enables retired employees to use funds to pay for premiums and expenses during retirement.

  • Expenses determined by employer and typically cover out-of-pocket medical, dental and vision expenses.


Participant Benefits

  • Offset medical expenses that typically have a higher deductible.

  • Employer-funded and don’t pay taxes on employer contributions.

  • Attractive to Boomers since it reduces unexpected healthcare costs and improves budgeting.

Employer Benefits

  • All contributions are tax-deductible.

  • Employer determines requirements.

  • Improves recruiting, retention and engagement.