cafeteria plan

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

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 ?
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.
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.
This requires that the employer adopt a Section 125 Cafeteria Plan with an HSA option.
While Section 125 of the CrPC envisages a claim for maintenance only by a legally wedded wife, the court said on Friday that if this interpretation is not accepted, it would amount to giving a premium to the husband for defrauding the wife.
Indian Penal Code and Section 125 of People's Representation Act.
Section 125 of the Syariah Criminal Procedure Act (Federal Territories) 1997, for instance, spells provisions pertaining to whipping punishment.
Section 125 of the Internal Revenue Code is the provision that allows employers to set up flexible spending accounts (FSAs), through which workers can reduce their taxable, take-home wages in order to pay for optional expenses such as childcare and health care.
This technical but creative approach would allow insurers to combine what is known as "list-billing" with a Section 125 "cafeteria plan.
Premiums paid by employees are exempt as well if the firm has established a Section 125 cafeteria plan; roughly 80 percent of employees with insurance have such a plan.
Mumbai: The Maharashtra Government's proposal to amend Section 125 of the Code of Criminal Procedure to protect the interests of a woman in a live-in relationship has been hailed as a progressive step.
On April 21, 2008, Tax Executives Institute submitted comments on the proposed cafeteria plan regulations issued under section 125 of the Internal Revenue Code.
Recently] I was reading your article regarding health insurance and the section 125 Flexible Spending plan ("Taking Full Advantage," Moneywise, November 2007).