cafeteria plan

(redirected from Section 125)
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ca·fe·ter·i·a plan

(kafe-tē'ri-a plan)
Employee benefit plan that allows a choice between alternative nontaxable benefits.
References in periodicals archive ?
The Muslim women were also covered under the Domestic Violence Act, Section 125 of the Cr Procedure Code and the Muslim Marriage Act.
"A plan offering only a choice between taxable benefits is not a Section 125 plan."
What Section 125 underlines is that a person cannot escape from the responsibility of looking after his family members, including children who are born physically and mentally challenged.
Indian Penal Code and Section 125 of People's Representation Act.
One of the most popular cost-savings strategies government finance officers use today is the Section 125 plan.
According to Section 125 (1) of the 1978 Constitution, the Supreme Court has the jurisdiction only to interpret the Constitution.
Section 125 of the Syariah Criminal Procedure Act (Federal Territories) 1997, for instance, spells provisions pertaining to whipping punishment.
The Patient Protection and Affordable Care Act amended IRC Section 125 to allow eligible employers' cafeteria plans to qualify as SIMPLE cafeteria plans.
The "cafeteria plan" (otherwise known as the "flexible benefit plan" or "125 Plan") is simply an employee benefit plan that conforms to Section 125 of the Internal Revenue Code.
goHRA is full-service administrator of Section 105 Health Reimbursement Arrangements (HRAs) and Section 125 Premium Only Plans (POP).
In three states, Mark Hall studied the use of section 125 plans to allow tax-free premiums for individuals to purchase insurance who work for small employers.
This technical but creative approach would allow insurers to combine what is known as "list-billing" with a Section 125 "cafeteria plan." However, these state-level reform attempts have failed to gain significant traction because state small-group reform laws and federal restrictions on medical underwriting cloud the legality of tax-sheltered list-billing.