Health Care Reimbursement Plan

Our Post-Employment Health Care Reimbursement plan permits municipal employers to set aside tax-free contributions to pay for qualified medical expenses during retirement. Your account will continue to grow with investment options we provide.
 

What’s in it for you:

• Employer contributions can be made by converting the value of unused sick leave or vacation
• The employer may also make discretionary contributions
• Contributions to the plan are not subject to income or other payroll taxes which benefit “both” the employer and employee

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• Not a deposit
• Not FDIC-insured
• Not insured by any federal government agency
• Not guaranteed by the savings association
• May go down in value