Healthcare & Retirement Benefits
At Forbes AAC, we are proud to support your health and financial well-being through our healthcare and retirement benefits. In alignment with our mission, vision, and values, we extend these benefits to all full-time employees as part of our commitment to creating a compassionate and thriving workplace. Your dedication helps us make a meaningful impact, and we are honored to invest in your future as we work together to empower others.
Healthcare Benefits
In partnership with Clarity Benefit Solutions, Forbes AAC is committed to enhancing your health and financial well-being through our Qualified Small Employer Health Reimbursement Arrangement (QSEHRA). This employer-funded benefit reimburses you for eligible healthcare expenses, including health insurance premiums and out-of-pocket costs not covered by your plan. By taking full advantage of this benefit, you can significantly reduce your healthcare expenses and gain greater peace of mind.
Employer-Funded Support
Forbes AAC contributes $450 per month, up to $5,400 annually, to your HRA, providing substantial assistance for your healthcare expenses.
Access account information, submit claims and supporting documentation, or sign up for e-claims reimbursement in our online portal. Use the Clarity mobile app to have access on any mobile device.
Tax-Free Reimbursements
Receive reimbursements for qualified medical expenses without tax implications, effectively lowering your healthcare costs.
Reimbursement for Health Insurance Premiums
If you pay monthly premiums for an individual health insurance policy, you can submit proof of payment through the Clarity portal to receive reimbursement from your HRA, effectively reducing your premium costs.
Over-the-Counter Items
Using your HRA to pay for OTC items allows employees to save money on everyday healthcare needs like pain relievers, allergy medicine, and first aid supplies. It’s a simple way to stretch your benefits and cover essential medical expenses without dipping into your own pocket.
​The FSA Store offers a convenient way to shop for eligible healthcare products and services, ensuring employees maximize their HRA funds on items they need. With thousands of pre-approved products and no guesswork, it's an easy solution for smart healthcare spending.
Comprehensive Coverage
Eligible expenses include health insurance premiums, copayments, deductibles, prescription medications, and certain over-the-counter items.
Submit Previous Expenses
At the end of the plan year, you’ll have an additional window of time to submit a claim. You can use the online portal or mobile app to submit expenses incurred throughout the year,
Clarity Benefit Card
Utilize your Clarity Benefit Card like a credit card to pay for eligible expenses at the point of sale, simplifying the reimbursement process. Pay providers for with a simple swipe of a card.
Roll-Over Account Balance
Carry unused funds into the next plan year, providing greater financial security and flexibility for managing future healthcare expenses. This ensures that employees can save for larger medical needs while maximizing the value of their employer-provided benefits.
Out-of-Pocket Medical Expenses
​For expenses like copayments, deductibles, or prescription medications not fully covered by insurance, use your Clarity Benefit Card at the point of sale to directly access your HRA funds, minimizing out-of-pocket payments.
Amazon's FSA Store provides an easy way for employees to use their HRA funds on thousands of eligible healthcare products, all conveniently organized in one place. With trusted brands, competitive pricing, and clear eligibility labels, it's a hassle-free way to make the most of their benefits.
Retirement Benefits
American Century Investments - Simple IRA
We want to help you build a solid financial foundation for your retirement. Through our partnership with American Century Investments, this Simple IRA plan gives you the opportunity to grow your savings, reduce your taxes, and benefit from our 3% match—essentially giving you free money toward your future. It’s easy to get started, and we encourage you to take full advantage of this valuable benefit. Click here to enroll today!
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Employer Match
The 3% employer match is a significant benefit that boosts your retirement savings without any extra cost to you. It’s like getting an automatic 100% return on the first 3% of your salary that you contribute—free money for you!
Flexible Contributions
​You decide how much to contribute, giving you the flexibility to adjust based on your financial situation. Whether you start small or contribute more, you’re in control of building your retirement savings.
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Enrolling is simple, and your contributions are automatically deducted from your paycheck for convenience. American Century Investments also provides tools and resources to help you manage your account and track your progress.
Investment Support
​You’ll have access to tools, resources, and advisors from American Century Investments to help you make informed decisions. If you need guidance on selecting funds or managing contributions, we’re here to support you every step of the way.
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Tax Advantages
​Your contributions to a Simple IRA reduce your taxable income, meaning you pay less in taxes right now. Plus, your investments grow tax-deferred, so you don’t pay taxes on the earnings until you withdraw them in retirement.
Growth Opportunities
You have access to a range of professionally managed funds designed to grow your money over time. Starting now gives your investments more time to benefit from compounding, which can make a big difference down the road.
Long-Term Security
Saving for retirement is one of the most important steps you can take for your future, and starting now gives you an advantage. This plan is designed to help you build long-term financial security so you can enjoy a comfortable retirement.
No Vesting Period
Every dollar you contribute and every dollar we match is yours immediately, with no waiting period. From the very first contribution, you fully own the funds in your account.