The cost of living in Venice, Florida (FL) is lower than the average cost of living in the state of Florida and lower than the nationwide city average.The average annual pay in Venice is $40,567.00, which is $3,082.00 lower than the salary average in Florida and lower than the U.S. average yearly wages by $9,241.00.he average annual pay in Venice is $40,567.00, which is $3,082.00 lower than the salary average in Florida and lower than the U.S. average yearly wages by $9,241.00.
Health Reimbursement Account is a notional derivative of a Health Reimbursement Arrangement (HRA), a type of US employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses.
What is an HRA? An HRA is a type of health plan that reimburses qualified out-of-pocket healthcare costs and insurance premiums. All contributions, investment earnings, and qualified withdrawals (claims) are tax-free. What is the HRA/VEBA plan? The HRA VEBA plan is a health reimbursement arrangement (HRA). The county makes tax-free contributions to HRA/VEBA on your behalf. The funds are held in a non-profit, tax-exempt voluntary employeesâ beneficiary association (VEBA) trust authorized under Internal Revenue Code (IRC) Â§ 501(c)(9).