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v 1: Match each of the voluntary deductions listed with the correct definition. 403(b) DROP HERE SIMPLE IRA DROP HERE Flexible spending account DROP HERE

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1: Match each of the voluntary deductions listed with the correct definition. 403(b) DROP HERE SIMPLE IRA DROP HERE Flexible spending account DROP HERE Union dues DROP HERE Insurance premiums DROP HERE A type of cafeteria plan. Employees may be reimbursed through it for qualified benefits such as dependent care and medical expenses. A retirement plan designed for employees of small businesses. These retirement plans are relatively easy to establish. These can be for a variety of types, including health and life. They are subject to federal income tax withholding when paid by an employee through a deduction. These are withheld from earnings. They relate to employees who are unionized. Also referred to as a tax-sheltered annuity plan (TSA). It is only available to ministers, certain employees of public education institutions, and certain tax-exempt organizations. It is similar to a 401(k) plan

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