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.
This contrasts with health savings accounts, which can be funded by paycheck withholding. There is no limit on the amount an employer can make available for reimbursement through an HRA, and there are no minimum contributions. HRAs are useful when set up in conjunction with a high-deductible employer health plan.