A leading member benefit, the Association 105
® HRA has helped more than 100,000 small business clients save valuable tax dollars with a Health Reimbursement Arrangement (HRA). Through this tax-savings program, Association 105 HRA members save an average of over $3,800 in taxes per year. You may already qualify for this tax saving opportunity, and by enrolling now, the service is offered to you at no additional cost during your first year of membership with the Alliance. Existing and renewing Alliance Members receive a
discounted rate.
Basic expenses you could be deducting with the Association 105 HRA:
- Over-the-counter medications
- Health and dental insurance premiums
- Vision care and eyeglasses
- Prescription medications
- Physician office visits
- Chiropractic care
- Deductibles and co-payments
- Long-term care insurance premiums
This benefit allows small business owners to
deduct up to 100% of their health insurance premiums and
non-insured medical expenses from federal, state and self-employment taxes. It also offers increased flexibility over the standard Section 105 deduction, along with the ability to carry forward unused benefit dollars to the next plan year!
We are dedicated to assisting you with this tax deduction, and making sure you have a clear understanding of our products and services. We are available during business hours to work directly with you or your tax professional should either of you have any questions about your HRA plan.
