125 (Cafeteria)
Health Reimbursement Accounts
Sterling Benefit
Welfare Benefit and VEBAS
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Plans
 

  • 125 (Cafeteria). This type of plan allows employees to pay employee portion of medical insurance, group life contributions, 401(k) plan contributions, uncovered expenses, and child and dependent care expenses with pre-tax dollars.
     
  • Welfare Benefit and VEBAS. A Voluntary Employees' Beneficiary Association, also known as a "Section 501(c)(9) Plan," or "VEBA," is a plan under which employers may elect to provide current and future welfare benefits for employees and their beneficiaries through a welfare benefit fund which is allowed to accumulate tax-free.
     
  • Sterling Benefit. The Sterling Benefit Plan is a multiple-employee group insurance trust that provides death benefits and health reimbursement benefits to employees of adopting employers.
     
  • Health Reimbursement Accounts. Check back later for more information.
 
 
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