Guest Dan Gould Posted October 28, 1999 Report Share Posted October 28, 1999 I administer a 401(a) defined contribution plan for a public college system. We are prohibited by law from using current funds to provide compensation (including benefits) to former employees including retirees). I would like to set up some method for taking current contributions to the governmental 401(a) defined contribution plan to be used in the future to subsidize the plan retirees' health insurance premiums. At first it seemed that a 401(h) account was the way to go, but I am not so sure now. What about a Retiree Lives Reserve or a Voluntary Employees'Benenfits Association. Have any of you made such an arrangement? If so, how do I find out how to do it and the pros and cons of the various mechanisms? Dan Gould Link to comment Share on other sites More sharing options...
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