Examples of Cafeteria plan in a sentence
First, your election will automatically terminate if you terminate employment or lose eligibility under this Cafeteria Plan or under all of the Benefit Plan Options that you have chosen.
Change in Coverage Under Another Employer Cafeteria Plan or Qualified Benefits Plan□ b.11.
TAX ADVANTAGES You save both federal income tax and FICA (Social Security) taxes by participating in the Cafeteria Plan.
If you are rehired within the same Plan Year and are eligible for the Cafeteria Plan (or you become eligible again), you may make new elections if you are rehired or become eligible again 30 days or more after you terminated employment or lost eligibility (subject to any limitations imposed by the Benefit Plan Option(s)).
Remaining dollars, if any, are eligible for participation in the Cafeteria Plan* of an HSA, Flexible Spending Account (FSA) – medical and/or dependent care, other voluntary/ancillary benefits (pre-tax) such as accident and critical illness, dental, vision insurances.