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Employee Benefit News for School, City and County Employers

Update - IRS releases FAQ Clarifying Integrated HRA Administration

This is an update to our December 2016 blog post (IRS Updates Will Impact School, City and County HRA Plans in 2017) regarding IRS Notice 2015-84 – Dependents seeking reimbursements from an HRA.

IRS Updates Will Impact School, City and County HRA Plans in 2017

There are two changes effective January 1st, 2017 for those schools, cities and counties who have an “Integrated” HRA Plan. Integrated HRAs are Health Reimbursement Arrangements tied to health...

Do you offer your early retirees the option of continuing on your health insurance plan? Don’t make this mistake!

Many schools, cities and counties offer early retirees the option to continue on their group health insurance plan. They may also consider using a High Deductible Health Plan with an HSA (Health...

Could a Defined Contribution Retirement Plan Work for Your Organization?

School districts, cities and counties have historically provided some type of employer-paid health insurance benefit for early retirees – those retiring prior to age 65 – as a bridge from early...

How HRAs Affect Health Insurance Premium Tax Credits for Early Retirees

Many school, city and county employers are providing HRAs (Health Reimbursement Arrangements) to their early retirees to help them pay for eligible medical expenses and health insurance premiums...

Are Early Retiree Health Benefits Changing in Schools, Cities and Counties?

Before the introduction of the Affordable Care Act (ACA), early retirees from schools, cities and counties had few viable alternatives to the group health plan which made staying on the health plan...

Four reasons why HRAs may work better for schools, cities and counties than HSAs

Schools, Cities and Counties across the country have found Health Reimbursement Arrangements (HRAs) to be a better fit than Health Savings Accounts (HSAs) for their employees. Here are four reasons...