what is the difference between a veba and an hsa 
health savings accounts hsas allow you to save for qualified medical expenses on a tax advantaged basis these accounts are associated with high deductible health plans the main difference between a veba and an hsa is how they re funded vebas are funded only by the employer in most cases while hsas can be funded with employer and employee contributions can i have a veba and an hsa yes depending on the options offered by your employer it is possible to have both a veba and an hsa if you have both it s important to understand the rules for contributions withdrawals and taxation to ensure that you re making the most of these benefits the bottom linea veba plan is a trust fund governed under internal revenue code section 501 c 9 that helps employees cover the cost of certain medical expenses insurance premiums health insurance deductibles and so on these plans can be very advantageous offering tax benefits and security for workers and despite waning in popularity there are companies that continue to offer them 