cafeteria plan

(redirected from Section 125)
Also found in: Medical, Financial.

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]
References in periodicals archive ?
Secondly, women do not get any financial protection in this bill and matters like financial assistance should be decided by the magistrate within 5-7 days else women will get harassed in court for years without getting a single rupee in maintenance just like the provisions in section 125 in Criminal Procedure Code (CrPC,) and Domestic Violence Act (2005)," he said.
She is responsible for regulatory updates and client council regarding ERISA, Section 125, the Affordable Care Act and employee eligibility.
He argued that the powers donated to the state House of Assembly under section 125 of the 1999 constitution and the State Auditor General under section 128 and 129 of the Constitution were merely oversight functions but not prosecutorial powers and urged the court to hold that it is only the EFCC that has the statutory powers to investigate and prosecute financial crimes.
If an employer wants to offer employees pretax payroll deferrals to their health savings accounts, the employer needs to first create a Section 125 plan or cafeteria plan that allows HS A deferrals.
The trial court had ruled that giving an improper address and also giving an improper valuation of the property "prima facie amounts to wilful concealment and suppression and also furnishing of false information and thus, there is sufficient ground for proceeding against the accused Arvind Kejriwal" under section 125 A (penalty for filing false affidavit) of the Representation of the People Act and section 177 (furnishing false information) of the Indian Penal Code.
Businesses offer employees cafeteria plans using Internal Revenue Code Section 125. Congress included the provision creating IRC Section 125 in the Revenue Act of 1978.
The supposed conflict concerns the possibility of foreign trademark applications with the International Property Office being automatically granted protection in the country without the World Intellectual Property Organization (WIPO) designating the resident agents required by Section 125 of the IP Code.
Its payroll services include payroll processing, payroll tax administration and employee pay services; and its human resource services include 401(k) plan record keeping, section 125 plans, a professional employer organisation, time and attendance solutions and other administrative services for business.
In other words, the benefit of Section 125 of the Criminal Procedure Code should accrue to every person, irrespective of her religion.
Majeed was arrested by the NIA in the last week of November last year upon his return from Iraq and booked under Sections 16, 18 and 20 of the Unlawful Activities Prevention Act and Section 125 of the Indian Penal Code.
Paychex's human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services.