HRA
Year End
Funding Facts
Product Facts
New HQY
100

What is the preferred platform to put a QSEHRA or ICHRA on?

What is V5

100

What should the Implementation Timeline be for RA 1/1 starts?

What is 45-60 days

100

What funding can be paid by check?

What is HSAs

100

What is an employer allowed to contribute to an FSA?

What is $500, then dollar for dollar match

100

What is the new debit card roll out called?

What is Purple Card

200

What is the default payout for integrate HRAs?

What is Autopay Provider
200

What is the deadline to enter enrollments in order to guarantee debit cards for 1/1? 

What is Dec 2nd

200

Each day if claim(s) are payable, an invoice is generated, and your account is auto-debited two business days later

What is Pay As You Go funding

200

This type of supplemental insurance is not allowed to be reimbursed by your HSA

What is Medigap Insurance

200

What new features is available to HRA/DC FSA clients who have employees who terminated/no longer eligible?

What is Spend Down (this allows funds to be spent down after qualifying event)

300

Generally, what should HRAs match?

What is Deductible Year/Calendar Year
300

What is the EDI File deadline for 1/1 Go Live?

What is Oct 4th

300

What is the LSA funding requirement if we are paying out participants?

What is daily ACH Debit

300

For a QSEHRA, what is considered an eligible employee to offer this?

Employees who work 30 hours a week for 120 consecutive days (Full Time EE)

300

What FSA feature is being launched (Q3/Q4)?

LPFSA auto conversion

400

What HRA plan designs do not have to be paired with a group health plan?

What is a Retiree HRA, EBHRA, and QSEHRA

400

What is the funding file integration deadlines for 1/1 Go Live?

What is Nov 15th

400

What are the funding options for Weekly Funding (RA)?

What is 10% or 15% with debit card

400

Besides owners, who else cannot participant in pre-taxing or HRAs?

What is an employed spouse, children, grandchildren or parents of a more-than-2% shareholder

400

What are the new mobile app launch features?

What is - First Time Login/Activation from app, and light version of Schwab Brokerage Account

500

Which HRA plan designs allow for a debit card?

What is All 213d, RX, Dental/Vision, Limited Purpose/PDHRA

500

If clients miss our deadline for EDI eligibility files for 1/1, when can clients start this process again?

What is February 2025

500

We would charge an additional fee if the client wants to set up this type of funding to RA accounts

What is ACH Credit ($250)

500

What platform allows for real subgroups - with separate entity name and EIN # listed out?

Complink/COBRA

500

What mobile app feature is coming in 2025?

What is Instant Issuance - Immediately can access your debit card without having to wait for plastic