What To Do If You Write A Bad Check. Under ordinary circumstances of writing a bounced check, youâll at most owe fees and the check amount. If you fail to pay, the recipient could involve a collection agency, which in turn will report the activity to the credit bureaus and damage your credit score.
This is how an HRA works: 1  Your employer sets up an HRA for each participant. 2  The HRA account is funded entirely by your employer; you donât contribute any money to your HRA account. 3  Each plan year, your employer contributes a specified amount to each participantâs HRA.
Health Savings Accounts (HSAs) can be established if you have a high deductible policy. The policies may be offered by employers or purchased privately. Individuals open the account at a local financial institution that offers an HSA option.