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IRS Private Letter Ruling for pre-funding retiree medical benfits in a


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Guest Jim D. Duncan
Posted

Is there a private letter ruling from IRS, permiting the use of a governmental trust to provide tax advantages for assets set aside for eligible medical expenses in retirement? ie, a retirement health savings program that is pre-funded. Who do I call or where can I research this topic??? Thanks!

  • 2 weeks later...
Posted

For a plan that is other than a VEBA, the ICMA-RC is advocating a plan that is based on Treasury Regulation section 301.7701-3(a)(3). They also mention in their materials that they have received a Private Letter Ruling for this program.

Guest benji
Posted

I have had someone from Nationwide tell me this same thing! and they already have a product Tim Crossin (Post employment Health Plans) 847-581-9893.

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