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bongers04
New Member

Is a VEBA account considered an HSA or MSA,or neither?

Wifes employer has an account that works like an HSA but only the employer can put money in it. Turbotax asks what type of account we have and Veba isn't a choice.

1 Reply
RichardG
New Member

Is a VEBA account considered an HSA or MSA,or neither?

These are typically known as Health Reimbursement Arrangements (HRAs), funded exclusively with employer contributions.  If this is a VEBA, the employees sometimes make contributions to a tax-exempt trust as well.  In either case, the answer is neither.  

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