WEBSTER BANK recently announced a new retiree reimbursement offering through its HSA Bank known as the Retiree Reimbursement Arrangement.
PROVIDENCE – Webster Bank will now offer an alternative to defined benefit contribution plans aimed at helping retirees offset health care costs in retirement, according to a news release. The Retiree Reimbursement Arrangement, offered through Webster’s HSA Bank division, lets employers contribute untaxed money that is also tax-deductible for retirees to use on Medicare premiums…
Thanks for reading Providence Business News.
Create your free account or log in to continue reading.
Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.
