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.

cafeteria plan,

n an employee benefits plan in which employees select their medical insurance coverage and other nontaxable fringe benefits from a list of options provided by the employer.
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References in periodicals archive ?
A plan offering only a choice between taxable benefits is not a Section 125 plan.
Section 125 Plan required for pre-tax payroll deferral
Therefore, at least for the purpose of claiming maintenance under Section 125 CrPC such a woman is to be treated as the legally wedded wife," the court added.
An FIR has been registered against Patil under Sections 153-A of the Indian Penal Code (IPC) and Section 125 of People's Representation Act.
For convicts convicted by the Syariah courts, the department is bound by section 125 and section 126 of the states' Syariah criminal procedure enactments which allows the Prison Department to perform Syariah whipping punishments on male and female convicts regardless of their age subject to declaration of medical fitness to undergo such punishments by a certified medical doctor.
What is much less common, and more innovative, is to use section 125 plans to pay for individual insurance, pretax and through payroll deduction, when the employer contributes nothing toward the premium.
Authorized by Section 125 of the Internal Revenue Code, cafeteria plans permit employers to offer voluntary benefits on a pre-tax basis.
Next, the author simulates a policy of removing the tax exclusion for employers but continuing to allow an exclusion for section 125 spending.
Section 125 of the CrPc provides for giving maintenance to a neglected wife, child, father or mother unable to support themselves.
Department of Treasury and the Internal Revenue Service issued proposed regulations to provide guidance under section 125 of the Internal Revenue Code relating to cafeteria plans.
I urge participants to take an active roll in understanding their insurance plan and the rules of section 125 and section 105.
In another action, the AICPA commended the IRS and Treasury for re-proposing regulations under section 125 relating to cafeteria plans.