I am 33 (not retired) and have a VEBA account through my employer. It pays for what my insurance does not pay for...ex. co-pays, deductible, glasses, dental, etc. They fund up to $5,000/year. If you are riembursed through a VEBA account you can not deduct your medical expenses on your taxes. If you employer does not offer this benefit and you have an HSA health plan you can open an HSA bank account and contribute $3,100/year or $6,250/year as a family. HSA are also used for medical expenses and can be funded through your employer or as an individual. HSA carry over year to year unlike an FSA where you use it or lose it. Hope this helps.