Can I use an hra to pay for my marketplace insurance. I am retired and would qualify for a subsidy. Will be 60 in 2016. I need to know.
You can use a HRA to pay for health premiums, but an employer can't fund a HRA to reimburse individual coverage. This means if you already have money in a HRA you can use it to pay for your premium costs. This is explained in more detail at Zanebenefits.com. Please note this is an interpretation of the law and the DOL guidelines. We don't offer professional tax advice, so you may want to seek an expert opinion.
UPDATE: Given the confusion over section 105 plans we strongly suggest reading our breakdown here.