Cafeteria benefit plans
Term · Economic statistics · MLC-T-ECS-000206
Plans that, under Section 125 of the Internal Revenue Code, provide employees a choice between permissible benefits (including cash) and nontaxable benefits, such as life and health insurance, vacations, retirement plans, and childcare.
See also flexible benefit plans.
| Identifier | MLC-T-ECS-000206 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
| See also | Flexible benefit plans |
Record as JSON
{
"id": "MLC-T-ECS-000206",
"term": "Cafeteria benefit plans",
"field": "Economic statistics",
"definition": "Plans that, under Section 125 of the Internal Revenue Code, provide employees a choice between permissible benefits (including cash) and nontaxable benefits, such as life and health insurance, vacations, retirement plans, and childcare.\n\nSee also flexible benefit plans.",
"see_also": [
"Flexible benefit plans"
],
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/cafeteria-benefit-plans/"
}
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