CAFETERIA PLAN ADMINISTRATION
Cafeteria Plan Administration
Section 125 Cafeteria Plan
A Cafeteria Plan is a reimbursement plan that allows employees to contribute a certain amount of their gross income to a designated account. With a section 125 Cafeteria Plan, you can use pre-tax dollars to pay for your health care expenses. Everything from premium payments to qualified medical, dental, and vision expenses.
There are 3 primary types of Cafeteria Plans:
- Premium Only Plan (POP)
- Flexible Spending Account (FSA)
- Dependent Care Assistance Plan (DCAP)
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