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fcagustintax
New Member
posted
‎June 6, 2019 4:22 AM
last updated ‎June 06, 2019 4:22 AM

I have a healthcare reimbursement account, is that equivalent to a health savings account or medical savings account?

 
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PaulaM
Employee Tax Expert
Employee Tax Expert
‎June 6, 2019 4:22 AM

I have a healthcare reimbursement account, is that equivalent to a health savings account or medical savings account?

No they are not the same type of accounts. See below link.

https://www.zanebenefits.com/blog/bid/120341/hsas-vs-hras-savings-accounts-vs-reimbursement-arrangem...

http://www.nolo.com/legal-encyclopedia/types-of-medical-expense-accounts-29522.html

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PaulaM
Employee Tax Expert
Employee Tax Expert
‎June 6, 2019 4:22 AM

I have a healthcare reimbursement account, is that equivalent to a health savings account or medical savings account?

No they are not the same type of accounts. See below link.

https://www.zanebenefits.com/blog/bid/120341/hsas-vs-hras-savings-accounts-vs-reimbursement-arrangem...

http://www.nolo.com/legal-encyclopedia/types-of-medical-expense-accounts-29522.html

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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