cafeteria plan

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Related to cafeteria plan: cafeteria benefits

cafeter′ia plan`

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.
References in periodicals archive ?
Thus, because the employee contributions are treated as employer contributions, the cafeteria plan is considered a group health plan subject to the market reform provisions, and, as such, the plan must provide preventive services without cost sharing in all instances.
The Patient Protection Act establishes a SIMPLE cafeteria plan for small businesses.
introduced the SIMPLE Cafeteria Plan Act of 2009 (S.
125(d)(2) cafeteria plan rules that prohibit salary reduction amounts from being used to purchase deferred benefits.
723, the SIMPLE Cafeteria Plan Act of 2005, which would allow small businesses to provide nontaxable benefits, such as flexible spending accounts, to their employees.
Employers should be encouraged to implement a Section 125 plan (also known as a cafeteria plan or salary reduction plan) to obtain these tax savings.
Select Data Service Administrators provides cafeteria plan administration for USAble Life.
TEI recommends that proposed regulations under section 125 be reissued thereby consolidating extant cafeteria plan guidance, addressing unanswered "change of status" issues (including especially a change from employee to self-employed (or partner) status), and generally updating the rules.
By offering a cafeteria plan, they can help protect that investment.
By offering a cafeteria plan, it may be easier to shift more of the cost of employee benefits to the employees.
But we do cushion the cost by offering the coverage within a cafeteria plan, which discounts the employee's burden by at least 28 percent.
However, the IRS finalized only the portions of proposed regulations on the effects of the Family and Medical Leave Act and the circumstances under which participants may change cafeteria plan elections.