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How Section 125 cafeteria plans work

PeopleKeep

Many working Americans have access to a Section 125 Cafeteria Plan at some point during their working career, yet many do not take full advantage of them. When utilized correctly, a cafeteria plan can increase take-home-pay without any change in expenditures.

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What is a cafeteria plan? (Hint: It’s not related to lunch)

Benefit Resource Inc.

In this article, we kick legal jargon to the curb and dive into three areas to provide a high level guide to understanding this plan. One of the most common cafeteria plans is a flex account, or flexible spending account (FSA). Finally, the last type of cafeteria plan is a Dependent Care flexible spending account.

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What is a cafeteria plan? (Hint: It’s not related to lunch)

Benefit Resource Inc.

In this article, we kick legal jargon to the curb and dive into three areas to provide a high level guide to understanding this plan. One of the most common cafeteria plans is a flex account, or flexible spending account (FSA). Finally, the last type of cafeteria plan is a Dependent Care flexible spending account.

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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

In this article, we’ll look at: The benefits most businesses offer. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. This can help employees see things they may not consider when they think of just take-home pay.

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6 Key HSA Benefits to Communicate to Employees

Flimp Communications

HSAs Are Not the Same As FSAs Some of the confusion around HSAs may be rooted in their association with flexible spending accounts (FSAs). Building an HSA Communications Strategy In this article, we’ve covered six essential HSA benefits to share with your company’s employees. But the similarities end there.