Cafeteria plan definition

Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.

Cafeteria plan means a written benefit plan offered by an employer in which:

Cafeteria plan means a cafeteria plan under Code Section 125 sponsored by the Company.

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.

More Definitions of Cafeteria plan

Cafeteria plan means a "qualified" employee benefit program under IRC section 125, such as certain health and welfare plans.

Cafeteria plan means a plan defined and authorized by Section 125, Internal Revenue Code of 1986.

Cafeteria plan means the PEBP Section 125 Health and Welfare Benefits Plan, intended to meet the requirements of Code Section 125 and the regulations thereunder.

Cafeteria plan means a benefit plan established pursuant to 26 U.S.C. Section 125;

Cafeteria plan means a plan as defined and

Cafeteria plan means a benefit plan established pursuant

Cafeteria plan means plans authorized by applicable law to allow “employees” to elect to pay for certain benefits with pre-tax dollars.