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Secure tax-free health perks in retirement with a 401(h) plan

by on
in Small Business Tax

All the talk about health care reform may have you thinking: How can you pay for ever-rising medical expenses when you’re no longer working? Even a sizable pension can be quickly drained. One practical solution seems to have flown under the radar: Set up a Section 401(h) plan, which pays for costs associated with the sickness, accident, hospitalization and medical expenses of retired employees, their spouses and their dependents.

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