​707 Carroll Street, Suite C
PO Box 590 
Pawnee, IL 62558
​
Fax: (217) 498-8481

Phone: (217) 498-8450

[email protected]

​The IPLSA Benefit Association exists to bring the members of the IPLSA benefits such as health insurance, retirement plans, and pre-tax plans. For over 20 years, we have been working to create employee benefits packages which will allow even the smallest firm to compete with the largest for good employees. We work with each client personally to make this possible. In addition to employee benefits, we offer several individual benefits, such as health insurance and retirement plans.

No matter the size of your business, the IPLSA Benefit Association has something for you.

​Our Services

---

Through our associated companies, the IPLSA Benefit Association can provide you with the ability to offer your employees with a variety benefits, many at little or no cost to you. Call us today to see how we can help you reward your current employees and make your company more attractive to new hires.

Pre-Tax Plans

• VEBA (Voluntary Employee Benefit Association)
• Premium-Only Plans (POPs)
• Health Reimbursement Arrangements (HRAs)
• Retirement Plans

Retirement

• 401 (k) Plans
• IRAs (Roth, Simple, Traditional, Payroll-deduct)
• Profit Sharing Plans
• Money Purchase Plans
• SEPs

Insurance

• Group or Individual
• "Obamacare" and SHOP plans
• Health Insurance
• Ancillary benefits, such as Dental, Vision, Cancer, or Accident Insurance
• Life and Disability Insurance
• Voluntary Benefits

IBA Flyer

VEBA
The flagship of the IPLSA Benefit Association is our Voluntary Employee Benefit Association, or VEBA. Similar to a Flexible Spending Account or Cafeteria Plan, the VEBA allows your employees to elect to set aside money pre-tax to pay for their medical, dental, vision or daycare expenses. As this money is never subject to tax, this saves both the employee and the employer on taxes.

Medical Reimbursement

• Medical, Dental, and Vision Expenses
• Only amounts NOT paid Insurance
• Deductibles, Copays, Coinsurance
• First Aid Supplies
• Glasses, Contacts, and Supplies
• Dental Visits, Orthodontia, Dentures
• Hearing Aids
• Etc.

Daycare​

• Daycare expenses for minor dependents
• May include after-school care and some preschool expenses (exclusions apply)
• Daycare expenses for adult dependents who are physically or mentally incapable of caring for themselves.

VEBA Flyer