What Is a Section 125 Cafeteria Plan? A CEO’s Guide to Pre-Tax Benefits
A Section 125 or “Cafeteria” plan is part of the IRS code that enables employees to take taxable benefits, such as a cash salary, and convert them into nontaxable benefits. Employees enrolled in Section 125 plans can reserve part of their pre-tax cash earnings to cover the costs of qualified benefits such as medical and […]
