Voluntary Employees' Beneficiary Association (VEBA)

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 Like a trust, once the money is in VEBA, it cannot be withdrawn except for the payment of benefits.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)

Voluntary:

Meanings of Voluntary:
  1. Made, donated or traded voluntarily.

  2. In operation, manufactured or maintained without payment.

  3. The solo ■■■■■ is played before, during or after the service.

  4. (Competitive) Special achievements that remain to select actors.

Sentences of Voluntary
  1. We fund ourselves through voluntary partnerships.

  2. Volunteer help

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

Employees:

Meanings of Employees:
  1. 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

Beneficiary:

Meanings of Beneficiary:
  1. 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

Association:

Meanings of Association:
  1. A group of people (usually by name) are organized with a common goal.

  2. Cooperative relations or relationships between people or organizations.

  3. The mental connection between things

Sentences of Association
  1. National Association of Probation Officers

  2. Established close ties with the university.

  3. 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

Voluntary Employees' Beneficiary Association (VEBA),

Definition of Voluntary Employees' Beneficiary Association (VEBA):

You can define Voluntary Employees' Beneficiary Association (VEBA) as, Defined as a pre-tax measure for an employee to receive certain employee benefits under U.S. tax law. Like a trust, once the money is in the VEBA, it cannot be withdrawn except for the payment of benefits.

You can define Voluntary Employees' Beneficiary Association (VEBA) as, VEBA (Volunteer Employee Beneficiary Association) is a type of community that provides life, illness, accident, medical and similar benefits to members, their loved ones or beneficiaries.

Literal Meanings of Voluntary Employees' Beneficiary Association (VEBA)

Voluntary:

Meanings of Voluntary:
  1. Volunteered, given or acted upon.

  2. (In one competition) the actors were awarded special achievements.

Synonyms of Voluntary

unrewarded, discretional, without charge, unsalaried, free of charge

Employees:

Meanings of Employees:
  1. Someone who is employed for a salary or wages, especially at the non-executive level.

Association:

Synonyms of Association

confederacy, affiliation, coalition, league, sodality, link, confederation, cooperation, union, cartel, consociation, ring, tie, band, alliance, communication, amalgamation, circle, conglomerate, sorority

Voluntary Employees' Beneficiary Association (VEBA),

Voluntary Employees' Beneficiary Association (VEBA):

  • Voluntary Employees' Beneficiary Association (VEBA) refers to Under U.S. tax law, it is described by the employer as a pre-tax measure to obtain benefits for certain employees. As with trust, once the money goes into VEBA, it cannot be withdrawn except for the payment of benefits.

  • VEBA (Volunteer Employee Beneficiary Association) is a type of pool that provides benefits to members, relatives or beneficiaries in the event of death, illness, accident, sickness, etc.

Literal Meanings of Voluntary Employees' Beneficiary Association (VEBA)

Voluntary:

Meanings of Voluntary:
  1. Did, gave or volunteered.

  2. Special achievements given to actors (in competition).

Sentences of Voluntary
  1. We fund ourselves through voluntary donations.

Employees:

Meanings of Employees:
  1. Someone who is employed for paychecks or salaries, especially at the non-executive level.

Association:

Meanings of Association:
  1. A group of people (usually by name) organized with a common goal.

  2. Cooperative relationships or bonds between people or organizations.

Sentences of Association
  1. Established a close relationship with the university.

You Might Also Like