The IRS recently published two items of guidance to allow temporary changes to cafeteria plans. As a result of the guidance, employers may allow employees to make mid-year benefit election changes to ...

A cafeteria plan – also known as a Section 125 plan, after the portion of the IRS code that regulates the plans – lets employees redirect part of their salaries and wages to pay for certain benefits.

Under new IRS guidance, an employer may amend its cafeteria plan to allow for up to $500 of unused amounts remaining in a health flexible spending account (FSA) at the end of a plan year to be carried ...

Understanding the complexities and nuances of insurance policies is rarely a simple task. This can be especially true of employer-provided healthcare plans, which offer many different types of ...

A cafeteria plan is an employee benefits plan administered under Section 125 of the federal tax code that lets employees pay certain expenses with pretax income. It's called a cafeteria plan because ...

The biggest tax break most American workers receive never appears on their return, never gets debated at filing time, and quietly delivers a bigger federal subsidy to higher earners than anything they ...

Cafeteria plans are a flexible way for employers to offer employees a variety of nontaxable health benefits. However, certain cafeteria plans and other benefit plans are subject to ERISA standards for ...