Voluntary Employees Beneficiary Association (VEBA)
The Voluntary Employees Beneficiary Association was established by employers under the US tax laws as a pretax method of funding certain employee benefits.
Voluntary Employees Beneficiary Association (VEBA)
The Voluntary Employees Beneficiary Association was established by employers under the US tax laws as a pretax method of funding certain employee benefits.
Additional Information
Like in a trust, once money is in a Voluntary Employees Beneficiary Association, it cannot be withdrawn, except to pay benefits.
