Step 7: Fund your benefits plan

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HRASimple will then ask you for a one-month deposit to facilitate payment of your employees' premiums. The size of this deposit will depend on your contribution limits and number of employees eligible for reimbursement under your ICHRA plan design. 

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We will send you an invoice and pull the money directly from your bank account within four business days. 

 

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Article ID: 52
Created
Wed 10/23/24 1:41 PM