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IRS Issues Private Letter Ruling on Retiree Medical Funding
McDermott Will & Emery 
Feb. 27, 2004
Excerpt: A recent private letter ruling from the Internal Revenue Service (IRS) permits the use of a tax-effective method for funding retiree medical obligations.... Under the facts of the ruling, the VEBA will purchase a non-cancelable group retiree health insurance policy from an insurance company. The policy will be purchased by the VEBA.
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