You can define a variety of taxable and nontaxable benefits when establishing a Section 125 Cafeteria Plan for your organization using the Elements task. For the Pretax Deductions primary classification, the following secondary classifications are eligible for section 125 cafeteria plans. Dental 125 ...
Explore Section 125 health plans. A 125 cafeteria plan provides tax advantages and customizable benefits your employees will appreciate.
A Cafeteria Plan, also known as a Section 125 plan (the IRS rule section), allows employees to pay for specific benefits on a pre-tax basis. Doing so means that employees have more take home pay, and employers pay less in matching payroll taxes - a true win-win for employees and emplo...
Section 125 Cafeteria A Cafeteria Plan, which includes Premium Only Plans and Flexible Spending Account Plans, is an employee benefits program designed to take advantage of Section 125 of the Internal Revenue Code. A Cafeteria Plan allows employees to pay certain qualified expenses—such as health ...
Any plan governed by this code section is properly called either a Section 125 plan or a cafeteria plan. It is usually best for single employer plans to avoid including a 401(k) plan as part of a cafeteria plan for discrimination-testing reasons.Garner...
cafeteria plan (redirected fromSection 125 Plan) Also found in:Medical,Financial. 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. ...
Cafeteria Plan Training & Certification Program Searching for Cafeteria Plan / Section 125 training? Then you've come to the right place! ABTrainingCenter.com offers Cafeteria Plan training, Cafeteria Plan certification, and Cafeteria Plan compliance training in a variety of training formats and focus...
Your Employer has not adopted the BESTflex Plan (Section 125 Cafeteria Plan) to provide the 2-1/2 month “grace period” regarding the use of your Health Care Flexible Spending Account. Eligibility Employees who are regularly scheduled to work !!! hours per week are eligible the first of ...
A section of the Internal Revenue Code that allows an employer to offer benefits to employees on a pre-tax basis.
18 W: This is the hotel cafeteria. M: Good. What I want to know is when they serve dinner. Q: What does the man mean? Question No. 19 W: Did you see Adam in the administration office? M: Yes, he was applying for a scholarship. Q: What was Adam doing? Question No. 20 W: ...