Number of Employees

10
1 employee 100 employees

Average Monthly Reimbursement

$200/mo
$0/mo $1500/mo

Without an HRA

$200/mo Estimated Payroll and Income Taxes

With an HRA

$200/mo Estimated HRA Costs

Your Savings

$200/mo

We Make HRAs Easy

Get up and running in a few minutes with our online HRA Designer and Administration platforms. Save money on taxes and offer your employees tax-free benefits.

  • Custom QSEHRA/ICHRA Designs
  • Automatic Tax Reporting
  • Employee Support & Onboarding
  • No Setup Fees. No Contracts.
  • Mobile Receipt Tracking
  • Hassle-Free Compliance

Tax Calculator FAQs

Here are some commonly asked questions about how our HRA tax savings calculator works.

How does the calculator work? What are the assumptions?

The calculator works by helping estimate the amount of taxes you and your employees could save each month with a QSEHRA or ICHRA compared to adding to your employees' salaries.

Here are the assumptions we have made: 

  • Employer Payroll Tax = 15%
  • Employee Income Tax = 25%

These numbers may vary based on your location and local taxing authorities, but these are good guesses for most markets.

The "Without an HRA" number is calculated by multiplying the number of employees, the average monthly reimbursement, and the tax rates above.

The "With an HRA" number represents the fees charged by Take Command Health to setup and administer a QSEHRA or ICHRA. The monthly charges are a $15 platform fee plus $15 per employee.

The "Savings" are the difference between the two figures above.

Do all employees get the same reimbursement?

This is up to the employer sponsoring the HRA! All employees have to be treated fairly, however, employers can choose to offer all employees the same amount of reimbursement each month or vary reimbursements based on an employee's age and family size. For more information, please see refer to our QSEHRA Guide or our ICHRA Guide.

What happens if employees don't use all of their reimbursement?

If employees don't use all of their HRA allowance in a given month, the balance will roll-over to the next month but the funds remain with the employer. At the end of the year, the employer can decide whether or not to roll year-end balances over to the next year or reset. Any unused funds remain with the employer.

Want to talk with one of our HRA Design Consultants?

We'd love to get to know you. Please let us know how you prefer to get in touch.

One of us will be in touch!

We look forward to meeting you.

The Team