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Post-retirement health benefits
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: Can a Health Reimbursement
Plan provide post-retirement benefits?
A: Yes, as long as those benefits
are for the qualifying medical expenses of the employee, covered spouse
or dependents. We do not recommend this in a small business plan
because of the administrative requirements and most HRA plans do not
include this optional provision. A better way to do this purpose is
through an employer-funded Health Savings Account.
Summary
More resources:
Freedom Benefits small business benefit plans
