A tax-exempt employee benefit is usually more advantageous than a tax-deferred benefit.

Name: A tax-exempt employee benefit is usually more advantageous than a tax-deferred benefit.
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A tax-exempt benefit means that the employee does not have to pay taxes on the benefit amount, while a tax-deferred benefit means that taxes will be paid on the benefit amount at a later date. Therefore, a tax-exempt benefit is more advantageous as it provides a greater financial benefit to the employee.

A Tax-Exempt Employee Benefit Is Usually More Advantageous Than a Tax-Deferred