Jump to content
Sign in to follow this  

Merger of VEBAs and Change of Benefits Provided

Recommended Posts

As a result of several acquisitions, an employer maintains 3 VEBAs. The assets of each of the VEBAs currently provide benefits for active and retired employees. The employer wants to accomplish 2 things: (1) merge the 3 VEBAs into one, and (2) use the VEBA to provide only retiree medical and life benefits.

Are there any tricky issues to be aware of in merging VEBAs?

Is it OK to stop using a VEBA to provide certain benefits (in this case, benefits for active employees)?

Would a PLR be recommended?

Should the employer file Form 1024 for the new VEBA structure?

Anything else the employer should consider?

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Create New...