HSA Training & Certification Program What Is A Section 125 Cafeteria Plan?A Section 125 Cafeteria Plan, also known simply as a cafeteria plan or a flexible benefits plan, is a type of employee benefits plan governed by Section 125 of the Internal Revenue Code in the United States. It allows...
Section 125 plans are a fringe benefit that employers who want to compete for the best talent can use to entice and retain workers. A cafeteria plan, when implemented properly, can boost an employee’s take-home pay without affecting their remuneration. Read on as we take a closer look at ...
A Section 125 cafeteria plan, often referred to simply as a cafeteria plan, is an employer-sponsored benefit program that offers significant advantages for both employers and employees. By allowing employees to choose from a menu of benefits, including health insurance, retirement savings, and other...
A Section 125 Cafeteria Plan is an employer-sponsored benefit plan that allows employees to choose from a menu of taxable and non-taxable benefits. These benefits may include health insurance, dental insurance, vision coverage, flexible spending accounts (FSAs), and other qualified benefits. The te...