What To Do If You Write A Bad Check. Under ordinary circumstances of writing a bounced check, youâll at most owe fees and the check amount. If you fail to pay, the recipient could involve a collection agency, which in turn will report the activity to the credit bureaus and damage your credit score.
This is how an HRA works: 1  Your employer sets up an HRA for each participant. 2  The HRA account is funded entirely by your employer; you donât contribute any money to your HRA account. 3  Each plan year, your employer contributes a specified amount to each participantâs HRA.
Health Savings Accounts (HSA) must be established by the tax filing deadline (without extensions) for the tax year in which your qualifying contribution(s) will apply. 1  Any eligible individual can contribute to an HSA. For an employee's HSA, the employee, the employee's employer, or both may contribute to the employee's HSA in the same year as long as the aggregate contributions are under the contribution limit. Family members (or any other person) may also make contributions on behalf of an eligible individual. Contributions must be made in cash.