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Voluntary Employees Beneficiary Association |
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Voluntary Employees Beneficiary Association Also called a VEBA. A non-profit organization in the United States that administers employee benefits. Under the subsection, profits from a VEBA are tax free, provided employees are not required to join, members control the organization, earnings do not benefit any one member or group of members and the VEBA does not substantially engage in any activities other than administration of benefits. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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