Webster Bank offers new retiree reimbursement option through HSA Bank

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…

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