Find out more about the HRA we mentioned: https://claracfo.com/HRA'>https://claracfo.com/HRA

HRAs (Health Reimbursement Arrangements) are a relatively new way to provide employees with health insurance and have it be a nontaxable benefit to the employee!

We recommend exploring HRAs when your business is considering health insurance options for your employees.

0:00 Introduction
0:50 HRA Basics
01:45 Important tax benefit
02:40 Employee choice
03:20 Employer can budget
03:40 How does it work?
05:30 Spending accountability
06:02 2 types of HRAs
06:08 QSEHRA
07:25 ICHRA
8:30 Great first step

Learn about other ways to offer health insurance for small business here:    • What options to consider when offerin...  

Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO'>https://claracfo.com/QBO

‍♀‍Got Employees? Talk to Justworks! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/justworks'>https://claracfo.com/justworks

Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio'>https://claracfo.com/melio

(As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases)

Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/

Disclaimer: This video is intended for educational purposes and
should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.




Content ID: LVFWQJRLKIH2MMJR