HSA vs HRA: how do these health accounts work?

Let’s face it: Medical bills can be ridiculously expensive. Anyone who's ever broken an arm, had a baby, spent time in the emergency room, or stayed a few nights in the hospital knows this very well.

During October's Open Enrollment for medical benefits, staff and faculty can enroll in reimbursement accounts that offer tax savings on eligible health and dependent care expenses. Caitlin Smalley, a ...