changing the way which you pay for health care, your employees
will appreciate the new choices and flexibility that America’s VEBA Solution
have the flexibility and control to manage their accounts on our
Online Tool Kit. Participants can
view current information about their accounts including account
balances, investment allocations, personal performance, fund
information, transaction history, claim submissions, and
reimbursement history. The site also allows participants to
file claims online, change investment elections, make fund to fund transfers,
realign portfolios, generate personal statements on demand for
any time period, and print all of the forms necessary to manage
their accounts. Participants may also manage investment accounts
on our automated Voice Response System 24 hours a day 7 days a
Our products offer a multitude of
options for plan sponsors to design an effective VEBA Health
Savings Plan for participating employees.
a Fidelity Investments, Inc. study, it is estimated that a couple retiring today at
age 65, without access to an employer sponsored plan, will need
about $230,000 in savings to cover post-retirement medical
expenses. This amount is needed to cover Medicare Part B
premium, Medicare Part D premium, expenses associated with Medicare cost-sharing
provisions, and the cost of services not covered by Medicare.
For those choosing to retire early, the post-retirement medical
obligation will be noticeably larger.
Click to view full Fidelity press release
a tax-fee health care account to pay for eventual health care costs later in
life will bring peace of mind to your employees and their
families for generations to come.