Medical expenses and health insurance will probably be your largest monthly expense during retirement, outside of a mortgage. It is a big expense for those retiring, and the cost will only grow larger into the future. Proper financial planning includes saving dollars for retiree medical.
We offer a plan that provides the best way to save for retiree medical expenses by beating the IRS three ways. This isn’t available through any other type of program. Contributions to the plan are not taxed going in, earnings are not taxed, and the benefits are not taxed when paid.
Each participant has their own account containing contributions and earnings. Benefits from the account are available to the member, their spouse, and dependent children. This plan does not have a “use it or lose it” provision, your unused benefits roll into the future.
Everyone will have retiree medical expenses. Start accumulating benefits now to help pay for the cost of future medical expenses.