Definition of Cafeteria Plan in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Cafeteria Plan? Meaning of Cafeteria Plan as a finance term. What does Cafeteria Plan mean in finance?
Cafeteria plan definition: a fringe-benefit plan under which employees may choose from among various benefits those that best fit their needs, up to a specified dollar value.. See examples of CAFETERIA PLAN used in a sentence.
a section 125 plan, often known as a cafeteria plan, enables you to increase employee benefits without going over budget because of its considerable tax savings.
When it comes to employee benefits, one term you might often come across is a Cafeteria Plan. But what exactly is a Cafeteria Plan, and what options does it typically offer? In this blog post, we will explore the definition of a Cafeteria Plan and discuss some of the typical options it...
Cafeteria planrefers to a type of employee benefit plan in which an employer offers employees a set of different taxable and non-taxable benefits. Cafeteria plan definition Cafeteria plan refers to a type of employee benefit plan in which an employer offers employees a set of different taxable an...
The rising cost of medical care: How small businesses can utilize section 125 to combat growing health care costs The FSA is the first step in the implementation of a full cafeteria benefits plan. FSAs boost employee income Lack of respondent familiarity with terms such as "earned time off" ...
Related to cafeteria plan:cafeteria benefits cafeter′ia plan` n. a fringe-benefit plan under which employees may choose from among various benefits those that best fit their needs up to a specified dollar value. [1985–90] Random House Kernerman Webster's College Dictionary, © 2010 K Dictio...
Internal Revenue Service has issued proposed regulations addressing various cafeteria plan issues under 搂125. The proposed regulations incorporate administrative and statutory changes which include change in definition of dependent, addition of adoption assistance, grace period for flexible spending accounts, ...
Related to cafeteria plan:cafeteria benefits cafeter′ia plan` n. a fringe-benefit plan under which employees may choose from among various benefits those that best fit their needs up to a specified dollar value. [1985–90] Random House Kernerman Webster's College Dictionary, © 2010 K Dictio...
Cafeteria plans must also establish a limit for the size of contributions that you can make to an FSA that is part of a cafeteria plan. If there is no limit, the FSA isn't considered part of a cafeteria plan, and all the benefits included in the plan are considered part of your taxab...