Is an HRA the same as an HSA?

Is an HRA the same as an HSA?

No. An HRA is an employer owned account, in which the employer has the ability to outline eligibility, eligible expenses, funding amounts, etc. An HSA is an individually owned account, and while your employer may sponsor it, your employer typically has limited involvement with an HSA. An HSA can always be used to purchase products at FSAstore.com, while with an HRA, expenses may be limited, so it’s best to check with your HRA administrator.

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