{"id":999,"date":"2016-11-18T22:44:32","date_gmt":"2016-11-18T22:44:32","guid":{"rendered":"http:\/\/blog.simplyinsured.com\/?page_id=999"},"modified":"2017-11-20T18:21:12","modified_gmt":"2017-11-20T18:21:12","slug":"hsa-vs-hra-vs-fsa-health-tax-benefits-explained","status":"publish","type":"post","link":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained","title":{"rendered":"HSA vs. HRA vs. FSA \u2013 Health Tax Benefits Explained"},"content":{"rendered":"

So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Here at SimplyInsured<\/a> \u2013 we want to make your life easier.<\/p>\n\n\n\n\n\n\n\n\n\n
<\/th>\nHealth Savings Account (HSA)<\/th>\nHealth Reimbursement Account (HRA)<\/th>\nFlexible Spending Account (FSA)<\/th>\n<\/tr>\n
Who can contribute<\/strong><\/td>\nEmployer or Employee<\/td>\n\n

Employer only<\/p>\n<\/td>\n

\n

Employer or Employee<\/p>\n<\/td>\n<\/tr>\n

Maximum yearly contribution<\/strong><\/td>\n$3,500 single\/
\n$6,250 family<\/td>\n		$2,500<\/td>\nNo Maximum<\/td>\n<\/tr>\n
Do I lose the money in the account?<\/strong><\/td>\nNo, stays in account<\/td>\nDetermined by employer<\/td>\n\u201cUse it or lose it\u201d<\/td>\n<\/tr>\n
Funds can be spent on…<\/strong><\/td>\nQualified medical expenses<\/td>\nQualified medical expenses and health insurance premiums<\/td>\nQualified medical expenses and health insurance premiums<\/td>\n<\/tr>\n
Tax Treatment<\/strong><\/td>\nTax-free (Federal and Social Security)<\/td>\nTax-free (Federal and Social Security)<\/td>\nTax-free (Federal and Social Security)<\/td>\n<\/tr>\n
Eligibility Requirements<\/strong><\/td>\nHSA qualified health insurance plan<\/td>\nNone<\/td>\nNone<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Here at SimplyInsured \u2013 we want to make your life easier. Health Savings Account (HSA) Health Reimbursement Account (HRA) Flexible Spending Account (FSA) Who can contribute Employer or Employee Employer only Employer or Employee Maximum yearly contribution…<\/p>\n","protected":false},"author":2,"featured_media":44,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[2],"tags":[],"yoast_head":"\nHSA vs. HRA vs. FSA: Health Tax Benefits Explained<\/title>\n<meta name=\"description\" content=\"So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Definition and comparison of HSA, HRA and FSA.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HSA vs. HRA vs. FSA \u2013 Health Tax Benefits Explained\" \/>\n<meta property=\"og:description\" content=\"So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Definition and comparison of HSA, HRA and FSA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained\" \/>\n<meta property=\"og:site_name\" content=\"Advice Blog\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-18T22:44:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-11-20T18:21:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.simplyinsured.com\/advice\/wp-content\/uploads\/2016\/10\/get-a-quote1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"936\" \/>\n\t<meta property=\"og:image:height\" content=\"455\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"simplyinsuredblog\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"simplyinsuredblog\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#organization\",\"name\":\"SimplyInsured\",\"url\":\"https:\/\/www.simplyinsured.com\/advice\/\",\"sameAs\":[\"https:\/\/www.linkedin.com\/company\/simplyinsured\/\"],\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.simplyinsured.com\/advice\/wp-content\/uploads\/2021\/06\/simplyinsured-blue__4x1.png\",\"contentUrl\":\"https:\/\/www.simplyinsured.com\/advice\/wp-content\/uploads\/2021\/06\/simplyinsured-blue__4x1.png\",\"width\":1124,\"height\":372,\"caption\":\"SimplyInsured\"},\"image\":{\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/logo\/image\/\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#website\",\"url\":\"https:\/\/www.simplyinsured.com\/advice\/\",\"name\":\"SimplyInsured Blog\",\"description\":\"Small Business Health Insurance Made Simple\",\"publisher\":{\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.simplyinsured.com\/advice\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained\",\"url\":\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained\",\"name\":\"HSA vs. HRA vs. FSA: Health Tax Benefits Explained\",\"isPartOf\":{\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#website\"},\"datePublished\":\"2016-11-18T22:44:32+00:00\",\"dateModified\":\"2017-11-20T18:21:12+00:00\",\"description\":\"So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Definition and comparison of HSA, HRA and FSA.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.simplyinsured.com\/advice\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HSA vs. HRA vs. FSA \u2013 Health Tax Benefits Explained\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained\"},\"author\":{\"name\":\"simplyinsuredblog\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/person\/b91d89838202853d49a283ea7a5b9c82\"},\"headline\":\"HSA vs. HRA vs. FSA \u2013 Health Tax Benefits Explained\",\"datePublished\":\"2016-11-18T22:44:32+00:00\",\"dateModified\":\"2017-11-20T18:21:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#organization\"},\"articleSection\":[\"Health Insurance Basics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/person\/b91d89838202853d49a283ea7a5b9c82\",\"name\":\"simplyinsuredblog\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d77e37cbffac49d64dc755ff6f0ef9c6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d77e37cbffac49d64dc755ff6f0ef9c6?s=96&d=mm&r=g\",\"caption\":\"simplyinsuredblog\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"HSA vs. HRA vs. FSA: Health Tax Benefits Explained","description":"So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Definition and comparison of HSA, HRA and FSA.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained","og_locale":"en_US","og_type":"article","og_title":"HSA vs. HRA vs. FSA \u2013 Health Tax Benefits Explained","og_description":"So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Definition and comparison of HSA, HRA and FSA.","og_url":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained","og_site_name":"Advice Blog","article_published_time":"2016-11-18T22:44:32+00:00","article_modified_time":"2017-11-20T18:21:12+00:00","og_image":[{"width":936,"height":455,"url":"https:\/\/www.simplyinsured.com\/advice\/wp-content\/uploads\/2016\/10\/get-a-quote1.png","type":"image\/png"}],"author":"simplyinsuredblog","twitter_card":"summary","twitter_misc":{"Written by":"simplyinsuredblog","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.simplyinsured.com\/advice\/#organization","name":"SimplyInsured","url":"https:\/\/www.simplyinsured.com\/advice\/","sameAs":["https:\/\/www.linkedin.com\/company\/simplyinsured\/"],"logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/logo\/image\/","url":"https:\/\/www.simplyinsured.com\/advice\/wp-content\/uploads\/2021\/06\/simplyinsured-blue__4x1.png","contentUrl":"https:\/\/www.simplyinsured.com\/advice\/wp-content\/uploads\/2021\/06\/simplyinsured-blue__4x1.png","width":1124,"height":372,"caption":"SimplyInsured"},"image":{"@id":"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/logo\/image\/"}},{"@type":"WebSite","@id":"https:\/\/www.simplyinsured.com\/advice\/#website","url":"https:\/\/www.simplyinsured.com\/advice\/","name":"SimplyInsured Blog","description":"Small Business Health Insurance Made Simple","publisher":{"@id":"https:\/\/www.simplyinsured.com\/advice\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.simplyinsured.com\/advice\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained","url":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained","name":"HSA vs. HRA vs. FSA: Health Tax Benefits Explained","isPartOf":{"@id":"https:\/\/www.simplyinsured.com\/advice\/#website"},"datePublished":"2016-11-18T22:44:32+00:00","dateModified":"2017-11-20T18:21:12+00:00","description":"So many acronyms \u2013 so little time. Here\u2019s your guide to getting tax benefits on your medical expenses. Definition and comparison of HSA, HRA and FSA.","breadcrumb":{"@id":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.simplyinsured.com\/advice"},{"@type":"ListItem","position":2,"name":"HSA vs. HRA vs. FSA \u2013 Health Tax Benefits Explained"}]},{"@type":"Article","@id":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained#article","isPartOf":{"@id":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained"},"author":{"name":"simplyinsuredblog","@id":"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/person\/b91d89838202853d49a283ea7a5b9c82"},"headline":"HSA vs. HRA vs. FSA \u2013 Health Tax Benefits Explained","datePublished":"2016-11-18T22:44:32+00:00","dateModified":"2017-11-20T18:21:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/hsa-vs-hra-vs-fsa-health-tax-benefits-explained"},"wordCount":135,"publisher":{"@id":"https:\/\/www.simplyinsured.com\/advice\/#organization"},"articleSection":["Health Insurance Basics"],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/person\/b91d89838202853d49a283ea7a5b9c82","name":"simplyinsuredblog","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.simplyinsured.com\/advice\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d77e37cbffac49d64dc755ff6f0ef9c6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d77e37cbffac49d64dc755ff6f0ef9c6?s=96&d=mm&r=g","caption":"simplyinsuredblog"}}]}},"_links":{"self":[{"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/posts\/999"}],"collection":[{"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/comments?post=999"}],"version-history":[{"count":1,"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/posts\/999\/revisions"}],"predecessor-version":[{"id":1499,"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/posts\/999\/revisions\/1499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/media\/44"}],"wp:attachment":[{"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/media?parent=999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/categories?post=999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.simplyinsured.com\/advice\/wp-json\/wp\/v2\/tags?post=999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}