HRAs (Health Reimbursement Arrangement)
The rising cost of health care has become a barrier to small business owners succeeding in today's busy marketplace. While there is no method to completely eliminate health care concerns, there is a way to save thousands of tax dollars each year. Our Health Reimbursement Arrangement (HRA) is a simple, yet effective solution to greatly diminish the barriers created by the high costs of health care.
With an HRA, small business owners who qualify are able to take advantage of tremendous tax savings by deducting up to 100% of qualifying medical expenses and health insurance premiums. Enrollment in an HRA plan gives employers the opportunity to deduct both their premiums and qualified out-of-pocket expenses on their tax returns.
Call today to see how an HRA plan can save you money.
HRA Calculator