What is the meaning of Employee Benefit Plan?

Compensation arrangement, generally in writing, used by employers in addition to salary or wages. Some plans such as group term life insurance, medical insurance and qualified retirement plans are treated favorably under the tax law. Most common qualified retirement plans are: (1) defined benefit plans.

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APABarry Goldsmith. (2010). employee benefit plan. Retrieved September 23, 2026, from http://smartdefine.org/employee_benefit_plan/definitions/1152902
ChicagoBarry Goldsmith. 2010. "employee benefit plan" http://smartdefine.org/employee_benefit_plan/definitions/1152902 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, employee benefit plan, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/employee_benefit_plan/definitions/1152902>.
MLABarry Goldsmith. "employee benefit plan" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/employee_benefit_plan/definitions/1152902>