An employee benefit arrangement allowed by IRS Code Section 125, under which employees are allowed to pay for certain employee benefits on a pre-tax rather than an after-tax basis. Cafeteria plans ...

2. Cafeteria Plans under the Internal Revenue Code (IRC) A “cafeteria plan” under IRC Section 125 permits employees to pay for health and welfare benefit costs (such as the employee’s ...

The 2024 maximum FSA contribution limit is $3,200. For cafeteria plans that allow the carryover of unused amounts, the maximum carryover amount for 2024 is $640. If you exceed contribution limits ...

A new on-site healthcare clinic at Harper Elementary will ensure access to essential medical services for all students, ...

has launched a unique Section 125 Cafeteria Plan and Minimum Essential Coverage (“MEC”) plan aimed at providing businesses with 50 or more employees affordable healthcare solutions that meet ...