STAMFORD, Conn., October 5, 2012 — HR 360, Inc., publisher of the award-winning online HR library, has released its 2012-2013 HSA/HRA/FSA Comparison Chart. The free chart provides insurance brokers and businesses with a simple and easy-to-understand summary of the key features for each type of tax-favored account.
HR360’s HSA/HRA/FSA Comparison Chart is available for immediate download.
The 2012-2013 HSA/HRA/FSA Comparison Chart includes updated information on contribution limits (including new limits on health FSA contributions), as well as qualifying high deductible health plan (HDHP) coverage for HSAs, for the upcoming year.
HSA/HRA/FSA Comparison Chart Features
The attorney-developed chart provides a side-by-side comparison of the major features of each type of account– Health Savings Account (HSA), Health Reimbursement Arrangement (HRA), and Health Flexible Spending Arrangement (FSA) — including:
• Potential tax benefits for employees
• Who may participate
• HDHP coverage required
• Limit on contributions
• Employer participation
• Distributions allowed
• Qualified medical expenses
The information featured in the 2012-2013 HSA/HRA/FSA Comparison Chart comes from HR360’s online HR library. For more information about HR360, please contact sales@hr360.com.
About HR 360, Inc.
HR 360, Inc. publishes the acclaimed HR Library and series of HR compliance eBooks. The Company also provides a nationwide HR Hotline service that delivers practical advice and answers to specific HR and employment-related questions. Attorney-written and maintained, the HR Library features the most current federal and state laws and step-by-step guidelines for compliance, as well as how to hire, interview and terminate employees. HR360’s library also features a variety of online HR tools and hundreds of ready-to-use HR forms, policies and all-in-one posters.