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August 28, 2019 Nonprofits Have the Unique Ability to Supplement Healthcare Savings in Retirement
August 8, 2019 Webinar for Nonprofit Plan Sponsors: How to Fix Your Plans with Individual Annuity Contracts (IACs) [Recording]
July 11, 2019 Webinar for Nonprofit Plan Sponsors: How to Fix Your Plans with Individual Annuity Contracts (IACs) [Invitation]
June 6, 2019 How Your Organization’s Bottom Line is Impacted When Employees Don’t Save Enough for Retirement (Recording)
May 8, 2019 Webinar: How Delayed Employee Retirement is Hurting Your Bottom Line
April 2, 2019 Webinar for 403(b) Plan Sponsors: How to Ensure that You’re Covering Your Bases (Recording)
March 4, 2019 Webinar for 403(b) Plan Sponsors: How to Ensure that You’re Covering Your Bases (Invitation)
December 5, 2018 Retirement Plan Sponsor Webinar: The Fiduciary Alphabet Soup of Retirement Plans: What Does it Mean? (Recording)
October 4, 2018 Nonprofit Retirement Plan Sponsor Webinar: Moving Away from a Do It Yourself Approach (Recording)
September 12, 2018 Nonprofit Retirement Plan Sponsor Webinar: Moving Away from a Do It Yourself Approach (Invitation)
August 22, 2018 Webinar for Retirement Plan Sponsors: Unraveling the Complexity+Confusion to Get More from Advisors (Recording)
July 12, 2018 Webinar for Retirement Plan Sponsors: Unraveling the Complexity+Confusion to Get More from Advisors (Invitation)
June 7, 2018 Upgrading Non-Profit Retirement Plans: Upgrading IAC Plans to Open Architecture (Part 3 of 3)
May 22, 2018 Upgrading Non-Profit Retirement Plans: Strengthening Your Plan with Advisory Services (Part 2 of 3)
May 10, 2018 Retirement Plan Workshop for Nonprofit Plan Sponsors: May 31st, 2018
May 8, 2018 Upgrading Non-Profit Retirement Plans: Limitations of Individual Annuity Contracts (Part 1 of 3)
May 1, 2018 Not-For-Profit Plan Sponsor Webinar: How to Upgrade Your Existing Plan (Recording)
April 3, 2018 Not-For-Profit Plan Sponsor Webinar: How to Upgrade Your Existing Plan (Invitation)
August 28, 2019 | Retirement Plan Insights | Christopher Schaefer & Joseph Potosky & Andrea Kessler

Nonprofits Have the Unique Ability to Supplement Healthcare Savings in Retirement

Most retirees age 65+ haven’t saved enough in retirement to cover their expected health costs, let alone the rest of their living expenses.

How Nonprofits Can Help

As a nonprofit, you have the unique ability to allow your retirement program to do “double duty” by adding a retirement health savings benefit. Adding a defined contribution Emeriti Retirement Healthcare Savings Program (RHSP) provides triple tax -free savings – to the employee on employer contributions, investment earnings and qualified reimbursements – and has the added bonus of not being subject to FICA taxation.

Here are Just a Few of the Benefits 

  • More tax efficient use of retirement dollars to fund medical expenses compared to taxable withdrawals from a retirement benefit plan.
  • A low cost, high value retiree health benefit program without the typical risks associated with a defined benefit retiree health program.
  • Attract and retain top talent with an innovative rewards strategy.
  • The ability to provide a non-ERISA deferred compensation health benefit for key executives.
  • Stretch benefit dollars up to 33%.

The Emeriti RHSP, offered by TIAA, is a unique platform that nonprofits – including some of the nation’s most prestigious institutions – are using for retiree medical benefits. The program is not exclusive to TIAA retirement plans, so any nonprofit can add this program alongside its existing retirement plan.

To learn more, contact Andrea Kessler, Business Development Director at akessler@mvfinancial.com or 301-656-6545.