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.
Understand How Your HRA is Funded. The HRA is a fully-funded, employer-sponsored benefit. You, as the employee, do not contribute to it. If you have an HRA, your employer will determine every year how much to contribute to your account. Your employer will also decide which expenses are eligible for reimbursement, such as pharmacy services and deductible costs. Finally, your employer will decide when to make your HRA dollars available to you.