Originally Posted by
Toedrag
I'm not trying to give advice here, so please forgive me. I had the same feeling on the RHA until someone explained to me that's it's the "trifecta". Money goes into it without being taxed, grows tax free, and gets withdrawn tax free. It might be the only "3-way" I'll ever see.
Also, according to a few articles I've read, for a couple retiring today at age 65 and living until 85, they will need over $200,000 in today's dollars for healthcare expenses. Depending on when you retire in the future, that amount will most likely be much higher and possibly double.
Food for thought.
That 200K average is based on the average adult. Pilots and their spouses (except from IAH
) are usually very healthy. So the amount you would need in VEBA would be considerably less.