A Health Reimbursement account is a tax-exempt trust administered by a bank, insurance company, or other IRS-approved organization.

Name: A Health Reimbursement account is a tax-exempt trust administered by a bank, insurance company, or other IRS-approved organization.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

A Health Reimbursement account (HRA) is a tax-exempt trust that is administered by a bank, insurance company, or other IRS-approved organization. The purpose of an HRA is to reimburse employees for qualified medical expenses.

A Health Reimbursement Account Is a Tax-Exempt Trust Administered by a Bank