The following benefits are permitted in a Cafeteria Plan:
...Generally speaking, Cafeteria Plans allow employees to pay their share of insurance premiums, certain out-of-pocket medical and dependent care expenses, and certain other benefits with pre-tax dollars versus paying these same expenses with after-tax dollars. Thus, the employee saves federal income taxes and FICA taxes on the total amount paid through a Cafeteria Plan. And, in all states except New Jersey, the employee also saves state ...
Which Benefits Can Be Offered In A Cafeteria Plan
The following benefits are permitted in a Cafeteria Plan: