falcon back
Well-Known Member
You can use the Reimbursement account for Retiree Insurance or Open Market insurance. You can't use it for Cobra or if you get on a spouse or another employers plan IF the premiums are taken out pre-tax, which most are. Depending on how old you are, I highly suggest looking into getting on Cobra when you retiree. The premiums are MUCH cheaper than Retiree Insurance. While you do have to pay the entire amount out of pocket, it will make your Reimbursement account last longer when you go that route. Based on getting 25k, sounds like you are about 61. Get on Cobra for about $600 a month for 18 months and then use the reimbursement account for the 18-20 months that it will pay the Retiree Insurance. By that time you will be very close to Medicare ageOk, but fdx doesn’t let you use RHPA money do they?only if you get a policy in the marketplace I thought.Retiring in Dec and RHPA will be 25k for ins premiums but how I understood it is you can only use for health plans that you get in the open market,not a fdx plan.