Benefit Allowance

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Dictionary Says

Definition of 'Benefit Allowance'

Money that a company or government agency provides to an employee for a specific purpose, such as transportation, healthcare costs or a flexible spending account. Benefit allowances administered to employees can be distributed through regular payroll. 

 
Investopedia Says

Investopedia explains 'Benefit Allowance'

Employers can use a benefit allowance to give employees flexibility in creating a benefits package that best meets their needs. Rather than imposing a particular healthcare plan on all employees, for example, the employer could offer a base plan plus a benefit allowance. The employee could use the benefit allowance toward supplemental benefits like dental insurance or coverage for dependents. Employers could also allow their employees to put a benefit allowance toward life insurance, disability insurance, vision care or any number of other benefits. Employees thus receive customized benefits and employers can offer a competitive benefits package that will help them recruit and retain top talent.

 
Search results for

'Benefit Allowance'

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    How An Allowance Helps Kids Get Money-Smart. ... Read on to learn how granting your children
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  • Banks Helped By Lower Loan Loss Provisions

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    ... In the same quarter in 2010, Citigroup reported a total allowance for loan losses
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  • Retirement Planning: Building A Nest Egg | Investopedia

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    ... This contrasts with the structure of a defined-benefit plan, in which your employer
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  • Employee Benefits: How To Know What To Choose

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    ... Here we look at some of the most common benefit options and provide you with the
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  • The History Of The Continuing Claims Report

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    ... eligible under the UI program with an expansion in not only benefit weeks but ... Between
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  • Use Real Estate To Put Off Tax Bills

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    ... Additionally, homeowners can benefit from the personal-residence exemption, which ...
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  • Dealing With Your Condo Board - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0510/Dealing-With-Your-Condo-Board.aspx
    ... Understanding even the smallest details can benefit the owner if and when a
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  • What Countries Get For Their High Taxes - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1210/What-Countries-Get-For-Their-High-Taxes.aspx
    ... An open question is whether or not the generous benefit programs are ... elements are
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  • KVHI Lights Up The Radar Screen

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    ... million or $0.36 per diluted share, including a net $3.3 million tax benefit. Stripping
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  • CFA Level 1 Study Guide - Liabilities - Tax Deferred Liabilities ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/tax-deferred-liabilities.asp
    ... Demand; 3.3 Price Elasticity; 3.4 Elasticity of Demand; 3.5 Elasticity of
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