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    • Darcy L. Hitesman, Esq.
    • Kimberly L. Gust
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VEBAs

Home Services VEBAs

Voluntary Employees’ Beneficiary Associations (VEBAs) are a type of welfare benefit plan which have been in existence since 1928 and gained more attention in 1986, when Congress allowed multiple employers to form a VEBA.

VEBAs were created to fund non-retirement benefits, such as life insurance, sick pay, medical reimbursements, supplemental unemployment pay, severance pay, long-term insurance, educational benefits, and vacation pay.

HitesmanLaw attorneys are at the forefront of finding solutions that couple VEBAs with relatively new health and welfare plans including health reimbursement arrangements (HRAs).

Our attorneys assist private and public sector clients in complying with the various regulations governing VEBAs, including:

  • Who can establish a VEBA including governmental entities, large business, unions, and associations
  • Multiple employer VEBAs
  • Internal Revenue Code Section 501(c)(9) compliance
  • Tax deductible employer contributions
  • Permissible benefits
  • How VEBAs are different from qualified retirement plans and deferred compensation plans
  • Complying with ERISA regulations
  • Receiving favorable tax-exemption from the IRS
  • Asset accumulation and protection
  • Paying out benefits
  • Plan termination
  • and more

Services

  • ERISA
  • Form 5500 Preparation
  • HIPAA
  • Health Plans
  • COBRA
  • Cafeteria Plans
  • Fringe Benefits
  • HRAs
  • VEBAs
  • Benefit Compliance Assessment

HitesmanLaw attorneys provide seminars and training regarding VEBAs.

Learn more

About HitesmanLaw

As a leader in employee benefits law, Darcy Hitesman founded HitesmanLaw in order to help public and private employers, insurers and third-party administrators nationwide stay informed and minimize the risk of non-compliance issues.

HitesmanLaw provides a wealth of legal experience to their clients in the areas of ERISA, COBRA, HIPAA, Health Care Reform, welfare plans, cafeteria plans, HRAs, and VEBAs.

Client Alerts

  • Upcoming EBIA Webinars: Self-Audit Your Group Health Plan Compliance | Governmental and Church Group Health Plans: What Rules Apply?
  • The CAA: The Legislative Gift that Keeps on Giving
  • Important Relief for Filing 1094-1095 Forms for 2020 Calendar Year
  • ANNOUNCEMENT: Upcoming Webinar Presentations

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