ERISA guy Posted October 3, 2021 Share Posted October 3, 2021 Client currently has a grantor trust and wants to convert it to a VEBA. Is there any IRS guidance or practical considerations on converting an existing grantor trust to a VEBA? Is conversion of the existing trust even possible or should a health plan deplete the existing grantor trust and then transition to the new VEBA? Or should the existing trust document just be amended to comply with the VEBA requirements on a go-forward basis? Link to comment Share on other sites More sharing options...
Juan Kelly Posted October 8, 2021 Share Posted October 8, 2021 How much taxable income is generated by the grantor trust (if minimal or retirees not covered, why change)?? Link to comment Share on other sites More sharing options...
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