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.

What is a Retiree Medical Account (RMA)?

account medical retiree RMA
0

An RMA is a savings account where funds are accumulated exclusively to pay for health care expenses not covered by your health care plan or other health care premiums. If the medical/pharmacy plan and dental and vision options that you select cost less than your monthly allowance, the excess will go into an RMA.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123