MLchartDataset catalogue

Cafeteria plan

Term · Law · MLC-T-LAW-000824

An employee benefit plan allowed under Section 125 of the Internal Revenue Code that offers employees a choice between cash and certain qualified benefits. Employees can select benefits that best suit their needs, such as health insurance, dental coverage, or dependent care assistance, on a pre-tax basis. This arrangement reduces an employee's taxable income.

Table 1. Record
IdentifierMLC-T-LAW-000824
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000824",
  "term": "Cafeteria plan",
  "field": "Law",
  "definition": "An employee benefit plan allowed under Section 125 of the Internal Revenue Code that offers employees a choice between cash and certain qualified benefits. Employees can select benefits that best suit their needs, such as health insurance, dental coverage, or dependent care assistance, on a pre-tax basis. This arrangement reduces an employee's taxable income.",
  "url": "https://mlchart.com/terminology/law/cafeteria-plan/"
}

Record 630 of 5,439 in Law terminology (MLC-0107). Request the full dataset.