HRAs for Small Business - what small business owners need to know

[@denisebuzzelli3755]

Can a Qsehra be used to reimburse a health share plan or does it HAVE to be insurance? Also, where and how does a small business enroll in a Qsehra?

[@alonzolopez6264]

Thank You your the Best. God Bless

[@ClaraCFO]

Thanks for watching Alonzo!

[@Im_B9ite]

Thank you very much for the clear and concise explanation 👍🏻

[@lyg64]

Informative and succinct. Thank you

[@ClaraCFO]

Thanks for watching!

[@hollihatfield7241]

I do not see any link for the HRA administration as you mentioned would be available to us may you please post it?

[@blueteamsix]

Can a HRA cover the employee's premium from their spouse's plan.

[@ClaraCFO]

This is possible with a QSHRA, but you will want to confirm that with the HRA company. I believe it can be done, but the benefit would be taxable to the employee in this instance.

[@BaDiLi2L]

@@ClaraCFO I am not sure if Blue team SIX's question is basically same, but if I am going under(into) my wife's health insurance as a spouse, will QSHRA pay for the difference in the monthly payment and will it be pre tax? Pre tax is actually my question. My wife will pay her premium from her check. I am just trying to figure out my portion. Do I pay it and get it back later in tax return? or is it like a payroll company pays me back with a check every month? or is the money being taken out from HRA to my wife's health insurance company electronically without even me knowing? These questions are extremely difficult to find answers online... could you plz help?

[@ShivShankar-fo2bg]

Can i have HRA from my small business when i have HSA from my day job?

[@Josy8289]

How about for a single member in a corporation- can the single employee who gets w-2 just quickpay themselves from company debit card and note it as “hra”?

[@int_rbmeetings1874]

Is this for s corp?

[@ClaraCFO]

HRAs can be used if you are an S-corp, but they don't really benefit the S-corp owner at all. Talk to Take Command if you are curious and they can explain to you the treatment for S-corps. I have a lot of clients that are S-corps that use this to provide healthcare for their employees.

[@int_rbmeetings1874]

@@ClaraCFO Thank you, but you say it would not benefit the owner of an S-corp.