Account features

HRA

FSA

MSA

Who owns the account?

Employer.

You

You

Is it a  "Use-it-or-lose-it" benefit?

Funds may be rolled over

Use-it-or-lose-it

Funds may be rolled over

Do you own your account if you leave your job?

Employer  Decides

Yes.

Yes.

Who contributes to the account?

Employer Only

You and/or Employer

You and/or Employer

Can you have other health care spending accounts?

Yes.

Yes.

Yes.

Is it mandatory to have only a high-deductible health  plan?

No.

No.

Yes.

How does the plan effect your Income Taxes?

 Reimbursements are tax-free.

Reduces your income taxes based upon  the amount of your contribution

MSA reimbursements are tax-exempt up to 65% of your plan deductible..