What Is A Cafeteria Plan And How Does It Work? A cafeteria plan is a separate written plan maintained by an employer for employees that meets the specific requirements of and regulations of section 125 of the Internal Revenue Code. It provides participants an opportunity to receive certain benefits on a pretax basis. What is
What Benefits Can Be Included In A Cafeteria Plan? A cafeteria plan is an employee benefit plan that allows staff to choose from a variety of pre-tax benefits. … Cafeteria plan selections include insurance options such as health savings accounts (HSAs) contributions, group term life insurance, and disability insurance. Is 401k included in a cafeteria
What Is The Difference Between A Cafeteria Plan And A Section 125 Plan? A cafeteria plan, also known as a section 125 plan, is a written plan that offers employees a choice between receiving their compensation in cash or as part of an employee benefit. … Employer contributions toward an employee’s cafeteria-plan benefits are not