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HRA Summary Plan Description (SPD) - What is it?

Written by: PeopleKeep Team
February 26, 2012 at 10:51 AM

An HRA is a Health Reimbursement Arrangement or Health Reimbursement Account that allows tax free medical and insurance expense reimbursement.communicate 

The HRA Summary Plan Description, or SPD, is the main vehicle for communicating HRA Plan rights and obligations to HRA participants.

It is generally a summary of the material provisions of the Plan Document, which is understandable to the average person. However, with HRA Plans, it is not uncommon for the HRA Summary Plan Description to be a combination of a complete description of the HRA Plan's terms and conditions and the HRA ERISA disclosure requirements. 

Employers are required to distribute an HRA SPD to all eligible employees.

The Comprehensive Guide to the Small Business HRA

Topics: Health Reimbursement Arrangement

Additional Resources

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