Originally Posted by
gettinbumped
However... if you are not married and/or don’t have kids, you cannot designate a beneficiary. So if you die, that money goes back into the pilot pool. Just FYI
Not a bad stipulation for such an amazing program. Originally an executive perk, the VEBA can be used for all sorts of things including Medicare and health insurance premiums, items typically associated with a FSA, massages, medical travel (think buying tickets to see your doctor in Florida) and more.
I have a friend who's dad was an executive with a VEBA and he told me about all the things he purchased with it. It's not just for copays, folks!
It's a very flexible benefit and the more I learn about it the more I like it.