Guest Ralph Amadio Report post Posted October 4, 2001 There seems to be a group of organizations marketing plans euphemistically purporting to be VEBA's, yet leaving the funding in the hands of the Employer. Seems to be happening in the public agency and school world more than elsewhere. I would appreciate any comments about the differences between VEBA's and "Section 115" plans. It appears to me the employers are saying "trust us, we won't spend your money" and further that the possibility of constructive receipt or a "bad" 457(f) scenario looms large. Most labor groups don't seem to be aware of the difference betweens these "look alikes" and a real 501(c ) 9. Share this post Link to post Share on other sites
GBurns 20 Report post Posted October 4, 2001 How can I find out more about these plans? In what state are they being marketed? Is it only 1 marketing group? Who is marketing these plans? Share this post Link to post Share on other sites
Guest Ralph Amadio Report post Posted October 19, 2001 The intent of these plans seems to be to leave the assets in the hands and on the general ledger of the Employer, similar to the old rules of governmental 457. Share this post Link to post Share on other sites
