A new law goes into effect on New Year’s Day that will allow small employers to set aside money in standalone Health Reimbursement Arrangements (HRAs) without incurring penalties under the Affordable Care Act. Here, we explain how these tax-advantaged accounts work, which employers are eligible to use standalone HRAs without incurring penalties and how to provide notice to employees about these arrangements.
The CBD Blog
Find peer advice, partner insights, and industry updates – all here in the CBD blog, ‘At The Helm’! With contributions from our entire team, we blog about the things that interest you.