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VEBA Overview for Brokers and Agents

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VEBA

Simple setup.

Seamless implementation.

Superior service.

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Hold

SelectAccount makes VEBAs easy for you - and your clients

A voluntary employees’ beneficiary association (VEBA) account allows employers to contribute money to a trust on behalf of their employees. VEBAs can be used to help pay for current and/or future eligible medical expenses. A VEBA can also be combined with an HSA (if the employee has an HSA-qualifying health plan) to help save even more and provide maximum flexibility.

You'll get a trusted partner

SelectAccount’s VEBA plan is easy to implement and offers important benefits to your clients, including:

retire-green-on-white.png Access to more than 20 highly rated mutual funds
retire-green-on-white.png Specialized administration in 501 (c) (9) VEBA accounts and 115 trusts
retire-green-on-white.png Our full recordkeeping capabilities and processing of claims in-house, not through a third-party administrator
retire-green-on-white.png The expertise of Matrix Financial Solutions, as the directed trustee for more than 10 years

Outstanding support for you and your clients

Your clients and their employees receive 24/7 support to ensure they’re getting the most out of their VEBA plans. Our high-touch service model provides one-on-one training sessions and a whole team of account executives and customer service representatives. This gives you and your clients seamless administration and empowers employees to take an active role in their health care decisions.

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The SelectAccount difference

For 28 years, SelectAccount has served as a trusted industry innovator with a deep understanding of health plan benefit design and administration. You get:

  • Best-in-class customer service
  • Low fees and high interest rates
  • State-of-the-art reporting, marketing and branding capabilities
  • User-friendly technology tools
  • VEBA investment options

Our customer service tops the industry

  • 96% customer satisfaction rating year after year
  • Specially trained medical account specialists

User-friendly tech and tools make it easy for your clients to manage their VEBAs 24/7

  • Portals – broker, employer, member
  • SelectAccount mobile app
  • Debit card – simple, seamless and smart.
    Funds draw from designated health spending account(s) automatically. Free cards with no fees.

 

 

 

Learn more. Talk to a health care spending administration expert.

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651-662-2322

 

Your SelectAccount sales representative can provide you with more information.

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www.SelectAccount.com

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