Final answer:
The correct answer for the given question is Option B. The BEST term to describe deductions for health insurance and retirement plans that employees have a choice about is 'voluntary'.
Step-by-step explanation:
The term that BEST describes deductions for health insurance and retirement plans that employees have a choice about is voluntary.
Certain paycheck deductions are non-negotiable and are referred to as involuntary deductions. These include taxes like income tax, social security contributions, and unemployment and disability insurance.
On the other hand, deductions for health insurance and retirement plans are voluntary because employees have the option to participate in these programs or not.