Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are contributions to a Retiree Medical Reimbursement plan tax deductible?

April 26, 2017contributions deductible medical Plan Reimbursement retiree tax

0

10 Posted

Are contributions to a Retiree Medical Reimbursement plan tax deductible?

1 Answer

0

10 Posted

Section 419 and 419A set out the rules. Simply stated, they indicate that contributions to a Retiree Medical Reimbursement plan are deductible as an ordinary and necessary business expense, subject to timing and amount limitations.