What are the differences between a cafeteria plan and a flexible benefits (salary reduction) plan?
What will be an ideal response?
A cafeteria plan is funded by the employer and offers employees a menu of tax-free benefits. A certain dollar amount of benefits may be chosen at the employer's cost. If an employee chooses to take cash instead of another benefit, the amount of cash is taxed.?A flexible benefits plan permits employees to have an annual amount withheld from their salary that is used to pay medical care expenses or child-care costs. The amounts withheld are not included in the employees' gross income, thus the term salary reduction plan. These plans allow employees to pay for medical costs and child care with before-tax dollars.
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Consumer surveys suggest that one of the most significant inhibitors of online shopping is the absence of ________
A) pleasurable experiences B) competitive prices C) adequate technical information D) after-sales service E) facilities to compare offerings
During the responding stage you do all of the following EXCEPT
a. forming your opinions on the message. b. providing feedback. c. communicating our thoughts and feelings about the message we’ve received. d. reacting to the message.
Which of the following is a valid objection to a discharge in bankruptcy?
A. The debtor wants an opportunity to reorganize his or her business. B. The debtor is not able to satisfactorily explain the loss in assets. C. The debtor was unaware of embezzlement by his or her financial advisors. D. The debtor has more than 12 creditors and only 7 have filed for involuntary bankruptcy.
One purpose of reminder advertising is to encourage repeat purchasing
Indicate whether the statement is true or false