If you retire before age 65, the HRA helps cover medical costs until Medicare kicks in. It’s a stable, long-term benefit: not “use-it-or-lose-it.”
Unlike HSAs, the HRA doesn’t require a high-deductible plan and won’t expire. Your funds stay with you through retirement.
HRA funds are invested conservatively to protect your balance. Gains are passed on to you, so your money is safe, growing, and ready when needed.
Every dollar you contribute to the HRA avoids federal, state, and FICA taxes - cutting your costs compared to taxable wages.
Any investment earnings grow without tax liability, increasing the value of the benefit at no extra expense to you.
Employees use the funds for eligible medical expenses - no payroll processing, no tax impact, no extra admin on your side.
The HRA covers a wide range of eligible healthcare expenses - like insurance deductibles, prescriptions, OTC meds, menstrual care, dental, and vision costs.
That means your employees get meaningful support for everyday needs - without you having to build or manage a custom plan.
The flexibility is built in, and you stay in control of the design and funding.
Instead of a $10,000 taxable cash payout at termination - which shrinks to about $6,000 after taxes - you can contribute that same amount to the HRA.
The full $10,000 stays intact, tax-free, and goes toward healthcare expenses - delivering more value to the employee without costing you more.
It’s a cost-neutral move that makes your benefits package look stronger and work harder.
The USW HRA Plan helps you offer a high-impact benefit without inflating payroll costs. It’s tax-efficient, easy to manage, and designed to stretch your benefits budget further - while supporting employee health in a way they truly value.
Ready to explore your options? Call us at (615) 333-5798 and let us know you're interested in the USW HRA Plan. We’ll walk you through how it can work for your contracts, your workforce, and your bottom line.
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