Section 125, HSAs, HRAs, and FSAs

Tax implications are a concern for both employers and employees.  There is a persistent need for better advice on options that may reduce tax burdens and help save for future medical costs.

HAWK’s Benefit Advisers will help you examine your options including:

• Section 125
• Health Savings Accounts (HSAs)
• Health Reimbursement Accounts (HRAs)
• Flexible Spending Arrangements (FSAs)

The idea is to pay or fund each account or plan with pre-tax dollars.  As with most benefit plans, there are compliance issues that should be discussed before implementation.

Start a conversation with a HAWK Benefits Adviser for a clearer picture on healthcare reform and employee benefit plan administration for your employees.