Cafeteria 125 Program
02:25
A Section 125 plan, also known as a cafeteria plan, is a benefit program offered by employers that allows employees to choose from a variety of benefits, some of which can be paid with pre-tax dollars. This can result in tax savings for employees and potentially make the employer's benefits more attractive, aiding in recruitment and retention. BusinessRefund.com
Here's a more detailed explanation:
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Cafeteria 125 Program
02:25A Section 125 plan, also known as a cafeteria plan, is a benefit program offered by employers that allows employees to choose from a variety of benefits, some of which can be paid with pre-tax dollars. This can result in tax savings for employees and potentially make the employer's benefits more attractive, aiding in recruitment and retention. BusinessRefund.com Here's a more detailed explanation:
Cafeteria 125 Program