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Investments glossary

Voluntary Employees Beneficiary Association Plan (VEBA)

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Quotes of the day:

Reality is the crutch for people who can\'t cope with drugs.

— Lily Tomlin

A Voluntary Employees’ Beneficiary Association (VEBA) plan is a type of tax-exempt trust used by its members and eligible dependents to pay for eligible medical expenses. The plan is funded by an employer and does not require contributions from employees.

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