Can I Have an HRA if My Spouse Has an HSA? - Understanding Health Savings and Reimbursement Accounts

If your spouse has an HSA (Health Savings Account), you may still be eligible to have an HRA (Health Reimbursement Account), but there are some important considerations to keep in mind.

HRAs and HSAs are both types of tax-advantaged accounts that can help you save money on medical expenses, but they have different rules and regulations.

Here are some key points to understand:

• HRAs are owned and funded solely by your employer, while HSAs are owned by you and can be funded by both you and your employer.
• HRAs are not portable, meaning you cannot take them with you if you change jobs, while HSAs are portable and belong to you even if you switch employers.
• Having an HSA in your spouse's name does not disqualify you from having an HRA, as they are separate accounts with different eligibility criteria.

It's important to consult with your employer and/or a financial advisor to determine the best options for you and your spouse's healthcare needs.

If your spouse has an HSA (Health Savings Account), you might be wondering if you can also have an HRA (Health Reimbursement Account). The good news is, yes, you can have both! However, there are a few key points to keep in mind about these two accounts.