cafeteria benefit

cafeteria benefit

n.
A particular employee benefit selected from a company plan offering a variety of choices that can be balanced to suit individual needs.
References in periodicals archive ?
125 cafeteria benefit plan, which allows employees to choose between dependent care and other nontaxable benefits, or cash.
The flexibility of a cafeteria benefit package helps meet varied employee needs.
The supervisors will vote today whether to increase monthly contributions to the so-called cafeteria benefit plans for nonunion employees from $591-$810 to $626-$852, beginning next year.
Flexible spending accounts (FSAs), the health care and dependent care reimbursement feature of section 125 cafeteria benefit plans, have never been very popular with employers or their employees.
Here you can model "what-if" scenarios with your paycheck numbers, adjust your withholding, see the impact of voluntary savings programs and retirement plans, note the tax advantage of cafeteria benefit plans, and see in advance what will happen when you change your marital status or have a baby.
BeneTrac's flexible program allows for easy online management of a range of employee benefits, including medical, vision, life, dental, disability, voluntary benefits, flexible spending accounts (FSAs) and cafeteria benefit plans.
The CITY is particularly interested in an Employee Benefits Consultant who can offer a Flexible Cafeteria Benefits Program/Third Party Administrative Services.
Another alternative is to expand the typical cafeteria benefits program to include all compensation and benefits options.
Among other provisions, the bill would amend the Internal Revenue Code to allow above-the-line deductions for premium costs, let employers include LTC insurance in cafeteria benefits plans, provide a tax credit to low income enrollees and give tax credits to employers for costs of administering the system.
Twenty million employees are participating in cafeteria benefits in one form or another, primarily through the large employee groups.
The FSA is the first step in the implementation of a full cafeteria benefits plan.
The second chapter, however, provides an excellent presentation of cafeteria benefits with a strong analysis of the obstacles and issues in plan design.