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Why HRA?

The average employee and spouse retiring today will probably spend well over $300,000 in post-employment healthcare costs and premiums. Healthcare expenses for active employees are increasing as well. The need is obvious. You, as an employer, can help employees prepare for this growing need. The solution is the tax-free HealhSecure HRA (Healh Reimbursement Arrangement from VALIC). State income taxes can apply in certain states.

A Health Reimbursement Arrangement (HRA) is a tax-free benefit plan that can be used anytime to pay or reimburse qualified out-of-pocket healthcare costs and premiums for employees, spouses and tax qualified dependents.

It is funded by the employer and reimburses employees for medical care expenses incurred by the employee, spouse or tax qualified dependents.

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Securities and investment advisory services are offered by VALIC Financial Advisors, Inc., member FINRA and an SEC-registered investment advisor.

VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.

This information is general in nature and may be subject to change. Neither VALIC nor its financial advisors or other representatives give legal or tax advice. Applicable laws and regulations are complex and subject to change. Any tax statements in this material are not intended to suggest the avoidance of U.S., federal, state or local tax penalties. For legal or tax advice concerning your situation, consult your attorney or professional tax advisor.

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Last Updated: 6/8/2009