Your employer sets up an HRA for each participant. The HRA account is funded entirely by your employer; you donât contribute any money to your HRA account. Each plan year, your employer contributes a specified amount to each participantâs HRA. As long as there is money in your account, you can use the funds toward eligible HRA expenses.
Explanation: The Minority Business Development Agency (MBDA) is a bureau within the United States Department of Commerce. The Agency's mission is to promote the growth and competitiveness of minority business enterprises (MBEs).
If you would like information to help you choose the one that's right for you, use the questionnaire below to have our partner, BuyerZone, provide you with information for free: How to Become a Certified Minority-Owned Business: SBA 8(a) Business Development Program.