what is a hra veba
What is an HRA? An HRA is a type of health plan that reimburses qualified out-of-pocket healthcare costs and insurance premiums. All contributions, investment earnings, and qualified withdrawals (claims) are tax-free. What is the HRA/VEBA plan? The HRA VEBA plan is a health reimbursement arrangement (HRA). The county makes tax-free contributions to HRA/VEBA on your behalf. The funds are held in a non-profit, tax-exempt voluntary employeesâ beneficiary association (VEBA) trust authorized under Internal Revenue Code (IRC) Â§ 501(c)(9).