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Veba Health

Our firm is the nation's
leading authority on Veba
plans, Retiree health benefit
plans, Employee benefit
association plans, Welfare
benefit funds, and other
pension and retirement plans
for corporations, states and

Listen to Lance Wallach
discussing VEBA's and health
care costs on National Public
Radio's show "All Things
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What We Do
                                                  A VEBA Plan LLC site
Don't Forget! You Can Find Additional Information At These Links:

National Office
Managing  Director
Lance Wallach

Member of the  AICPA faculty of
teaching  professionals. AICPA author,
instructor & national speaker National
Society of Accountants.Speaker of the
Year. Writes financial  articles for over
50 national publications.
What We do
Plan reviews & evaluations
Plan compliance consulting
Healthcare cost reduction
Reearch & analysis of plan
Captive insurance companies
Plan reporting for financial
Corporate tax reduction
                                                A VEBA Plan LLC site
The Secret to Buying a
Policy With the right term

Agents like to talk about policies you
can keep throughout your life. What
they sometimes won't tell you is that
you don't need life insurance coverage
throughout your life.

The secret to buying a policy with the
right term is figuring out how long you
need to be insured. You start by
estimating when your children will be
out on their own and no longer in need
of your financial support.

So if your children are 3 and 5 now,
you'd probably want a policy that
covers you at least until the youngest
is 22, so that's about a 20-year term.
But this depends somewhat on your
age as well.

Say you also want to cover your
spouse for your lost income until what
would be your normal retirement age,
65, and you're only 35 now. Then you
would want a 30-year policy.

Keep in mind that insurance gets very
expensive as you leave your 50s. So
you may pay more to cover yourself
until 65, even if you lock in a
level-premium, 30-year policy when
you are 35. Coverage past age 70 or
so may be unattainable.
Real Veba John Koresko attacked by court and IRS
Law firm sued for representing alleged embezzlers

Michelle Lovrine Honeyager Dec. 16, 2014, 10:23am

A class-action lawsuit was filed against Montgomery McCracken Walker & Rhodes, LLP
(MMWR) on Dec. 9 over claims that the law firm represented alleged trust fund

The plaintiffs include: Dr. Harvey Kalan, the Harvey Kalan, M.D., Inc. Employee Welfare
Benefit Plan, Dr. Pamela K. Erdman, the Dr. Pamela K. Erdman, M.D., Inc. Employee
Welfare Benefit Plan, Gretchen Castellano, Drs. Martin and Elisa Zenni, and the M&E
Zenni, Inc. Welfare Benefit Plan.
To Read More Click Here
John Koresko, Real VEBA, be made
whole, get all your money back from
the insurance company,fight the IRS
Your Best Source For All Information "REAL
JOHN KORESKO and Other Vebas,419 plan
section 79 and Captive Insurance Scams


Philly Atty Must Repay $18M To Raided
Retirement Plans
By Alex Wolf

Law360, New York (March 18, 2015, 2:38
PM EDT) -- A Pennsylvania federal judge
on Monday ordered Philadelphia
attorney John Koresko and his
now-defunct law firm and retirement
benefit companies to pay $18.4 million in
remaining restitution for allegedly using
millions of dollars in employee
retirement plan assets for his personal
Monday's order comes after nearly six
years of litigation and a 221-page
opinion entered by U.S. District Judge
Mary A. McLaughlin in February, which
found Koresko, Koresko Law Firm PC
and his companies, Penn-Mont Benefit
Services Inc. and Penn Public Trust,
were jointly and severally liable for
returning $38.4 million to more than 400
benefit plans nationwide. The judge also
permanently barred Koresko and former
associate Jeanne Bonney from serving
as fiduciaries in any capacity to any
employee benefit plan.