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Merlo, Accountant
Category: Tax
Satisfied Customers: 9783
Experience:  25+ years tax consulting. Specializing in returns for US citizens living abroad
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Can an HSA be used to fund an HRA My employees complain that

Resolved Question:

Can an HSA be used to fund an HRA? My employees complain that the turn around time for reimbursements from our HRA is too long (a couple of weeks). Can I fund an HSA for each employee that can be drawn upon as a "bridge" to tide an employee over until the reimbursement arrives?
Submitted: 8 years ago.
Category: Tax
Expert:  Merlo replied 8 years ago.

HSA funds cannot be used to fund an HRA account or to pay for any type of health insurance premiums, other than Cobra coverage.

I am amazed that your employees are complaining about a two week turn around time on their reimbursements. I recently worked for a company where the turn around time actually took anywhere from 4 to 6 weeks, so two weeks seems pretty reasonable in my mind.

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Thank youCustomer and please let me know if you have any further questions.

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