402 South Kentucky Ave., Suite 500
Lakeland, FL 33801
The WCSD Retirement Health Reimbursement Arrangement (HRA) is a 100% employer funded plan. In general, deposits are made to eligible individual employee accounts which may occur either during active employment and / or after submitting notice of retirement from the WCSD. WCSD retirement eligibility is 15 years of service and age 55. Eligibility for HRA deposits are outlined in Employee Handbooks and Plan Highlights below.
FAQs on HRAs.
Eligibility, Benefits, Plan Highlights:
Administrator / Administrative Support
Administrative Assistant / Classified Support / Para Educator Staff. Custodial / Maintenance.
Account Access. Account funds are earmarked to pay for qualifying medical expenses and / or insurance premiums and can be accessed during retirement. The participant’s account balance works similar to a Flexible Spending Account in that you incur the medical expense and request reimbursement out of your HRA fund. It is different in that the HRA Plan permits any unused portion of the account at the end of the year to be carried forward to the next year. Participants are not taxed on the Employer contributions. IRC Section 105 is what provides tax-exclusion for fund reimbursement of the eligible health / premium expense(s).
- Retirees. Your quarterly statement provides information on how to access Mid-America forms and your funds.
- Staff Member Resigning. If eligible for deposits during employment, the Plan Highlight will reference the earliest you can access your fund balance.
- Active Staff Members. If eligible for deposits during employment, participants are not allowed to access their individual HRA fund during active employment.
- NEW online HRA Claims Submission Site. Mid-America has created an instructional guide to help you take advantage of their new HRA Claims Submission Site. A Guide to the New HRA Online Claims Submission Site
- Forms. Your quarterly statement provides information on how to access forms via Mid-America’s website.