Employees at TynsCorp are able to submit receipts for certain out-of-pocket health care expenses and TynsCorp will pay them back for those items. What type of account has TynsCorp set up?

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TynsCorp has set up a health reimbursement account (HRA) which allows employees to submit receipts for out-of-pocket health care expenses and be reimbursed by the company. A flexible spending account (FSA) and a health care spending account (HCSA) are similar to an HRA but are typically funded by the employee through pre-tax payroll deductions. A workers' compensation account is used to provide benefits to employees who are injured or become ill on the job.

Employees at TynsCorp Are Able to Submit Receipts for Certain