cafeteria plan

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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.
[1985–90]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
References in periodicals archive
With a cafeteria plan, vehicle allowance, employer-paid insurance benefits and contribution to the Teachers' Retirement System, her total compensation is $253,426.
2018-18, and that many other individuals made annual salary reduction elections for HSA contributions through their employer’s cafeteria plan based on the $6,900 limit.
* Reimbursements of all or a part of health insurance premiums paid through an employee's salary reduction, including through a cafeteria plan under Sec.
A cafeteria plan is an employee benefit plan provided by employers under Sec.
The way to avoid taxes on cash given in lieu of insurance is to set up what's called a cafeteria plan, Friedman says.
Similar to the SHOP exchange, employers using a private exchange can take advantage of cafeteria plan rules and allow employees to pay for their share of the premium on a pre-tax basis.
Adel, IA, November 17, 2011 --(PR.com)-- The BASE 125 Cafeteria Plan, in essence, provides menu options for how an employee receives his/her compensation and handles paying for healthcare expenses.
A cafeteria plan for benefits works in much the same way.
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