Voluntary Employees' Beneficiary Association (VEBA),
Definition of Voluntary Employees' Beneficiary Association (VEBA):
Established by an employee as the first tax method of financing certain employee benefits under U.S. tax law. Like a trust, once the money is in VEBA, it cannot be withdrawn except for the payment of benefits.
The Association of Voluntary Beneficiaries (VEBA) is a type of mutual insurance company that provides life, illness, accident, illness and similar benefits to its members, relatives or beneficiaries.
Literal Meanings of Voluntary Employees' Beneficiary Association (VEBA)
Meanings of Voluntary:
Made, donated or traded voluntarily.
In operation, manufactured or maintained without payment.
The solo organ is played before, during or after the service.
(Competitive) Special achievements that remain to select actors.
Sentences of Voluntary
We fund ourselves through voluntary partnerships.
Synonyms of Voluntary
not required, without pay, non-mandatory, open to choice, open, volunteer, pro bono (publico), at one's discretion, discretionary, permissive, up to the individual, unpaid, elective, for free, without payment, volitional, optional, non-compulsory, for nothing, honorary
Meanings of Employees:
Someone who is employed for a salary or a salary, especially at the non-executive level.
Synonyms of Employees
white-collar worker, workforce, hired person, hired man, workman, blue-collar worker, artisan, hand, staff, member of the workforce, labourer, hired help, hireling, worker, personnel, wage-earner, member of staff, hired hand, breadwinner
Meanings of Beneficiary:
Someone who benefits from something, especially a trust, will, or life insurance policy.
Synonyms of Beneficiary
heritor, recipient, devisee, donee, payee, cestui que trust, heiress, grantee, inheritor, legatee, heir, assignee, receiver
Meanings of Association:
A group of people (usually by name) are organized with a common goal.
Cooperative relations or relationships between people or organizations.
The mental connection between things
Sentences of Association
National Association of Probation Officers
Established close ties with the university.
The word bureaucracy is an uncomfortable association.
Synonyms of Association
contact, merger, partnership, club, organization, dealings, interconnection, interchange, corporation, cooperative, group, brotherhood, attachment, syndicate, interrelation, trust, company, guild, bond, relation, body, society, fraternity, clique, federation, consortium, connection, relationship, interdependence