Voluntary Employees Beneficiary Association Plan,
Voluntary Employees Beneficiary Association Plan Meanings:
The Volunteer Employees Association Package (VEBA) is a type of tax-free fund used by its eligible members and dependents to pay medical expenses. The plan is usually provided by the employer. Depending on the business plan, employee participation may or may not be required, although individual options are not allowed.
- The Voluntary Benefit Employees Association (VEBA) package is a type of tax-free trust whose members and dependents are entitled to pay medical expenses. Use
- Under VEBA rules, employers must first obtain an assessment letter from the Internal Revenue Service (IRS) to understand their plans for VEBA for individual income tax purposes.
- VEBA is subject to certain aspects of the Employee Retirement Income Security Act (ERISA), but is not considered a deserving retirement plan.
Literal Meanings of Voluntary Employees Beneficiary Association Plan
Meanings of Voluntary:
Made, delivered or traded in their own account.
Solo membership was paid before, during or after the service.
Sentences of Voluntary
We receive financial support through voluntary support
Lara Hydeside, believed to be in a low voice, but was caught by a microphone and resonated through the church on volunteer limbs.
Synonyms of Voluntary
optional, open to choice, volitional, up to the individual, non-mandatory, non-compulsory, not required, discretionary, open, elective, at one's discretion
Meanings of Employees:
The person who is hired or paid, especially at the non-executive level.
Sentences of Employees
In general, there is no formal structure for employee representation at the board level.
Synonyms of Employees
member of staff, worker, member of the workforce
Meanings of Beneficiary:
Someone who benefits from something, especially a trust, will or life insurance policy.
Sentences of Beneficiary
Benefit from Australian policies that do not need to be followed.
Synonyms of Beneficiary
heiress, inheritor, legatee, heir
Meanings of Association:
A group of people (often by name) are organized for this purpose.
Association or cooperative link between people or organizations.
The mental connection between thoughts or things.
Sentences of Association
National Broadcasting Association
Established close ties with the university
There is a problem with the word bureaucracy
Synonyms of Association
bond, tie, relationship, interdependence, partnership, cooperative, corporation, federation, union, syndicate, consortium, confederation, alliance, merger, amalgamation, link, connection, guild, attachment, league, interrelation, interconnection, relation, coalition, conglomerate, confederacy
Synonyms of Plan
work out, fix up, proposition, stratagem, object, draft, agenda, idea, outline, goal, ploy, formula, scenario, contrive, procedure, make a representation of, game plan, strategy, suggestion, map out, sketch out