# ASC 320-965-05: Investments—Debt Securities — Plan Accounting—Health and Welfare Benefit Plans — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 320-965-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/320/965/#05-overview-and-background)

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##### [320-965-05-1](https://asc.understandingaccounting.org/asc/320/965/#320-965-05-1)

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This Subtopic provides guidance on debt and equity securities investments for [health and welfare benefit plans](https://asc.understandingaccounting.org/glossary/h/#health-and-welfare-benefit-plans "Health and welfare benefit plans include plans that provide the following: Any of the following benefits: Medical, dental, visual, psychiatric, or long-term health care Life insurance (offered separately from a pension plan) Certain severance benefits Accidental death or dismemberment benefits. Benefits for unemployment, disability, vacations, or holidays Other benefits such as apprenticeships, tuition assistance, day care, dependent care, housing subsidies, or legal services.").