Reminder: FSA, HRA Administrative Fees Now Paid by ACH

Cooperatives should no longer make payments by check for administrative fees related to flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs).  

As of February 1, these administrative fees are automatically withdrawn from a co-op’s bank account through automated clearing house (ACH) debits.

Be sure to inform your co-op’s finance or accounting manager about this change in fee payments.

If a co-op does send payment by check, NRECA will refund the co-op as checks are no longer an acceptable form of payment.

If you have any questions, please contact the Member Contact Center at 866.673.2299 Monday through Friday, 7 a.m. to 7 p.m., Central time. You can also send an email to cba.fsa.hra@nreca.coop.