Online Guide to
|Section 125 Cafeteria Plan (n. - definition) - an employer sponsored plan that allows employees to obtain a selection of benefits on a pretax basis.|
by Retirement Plans Advisor
How should you manage your retirement money in a BEAR Market?
Section 125 Cafeteria Plans allow employees to obtain a flexible range of benefits on a pre-tax basis... anything from health insurance premiums to dependent day care costs.
Cost to the employer for Section 125 Cafeteria Plans is usually minimal.
Employees save FICA, federal and state taxes while the employer saves FICA and workers compensation taxes.
Copyright © 1998-2007. Section 125 Cafeteria Plan Information Guide. All rights reserved.