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 ...
Discusses the use of Section 125 plan, also known as salary reduction or cafeteria plans, as a part of health benefits for employees in the U.S. Use of the Section 125 plan; Types of Section 125 plans; Information on the interaction between Health Savings Accounts and Flexible Spending Accou...