Section 125 Cafeteria plan definition

Section 125 Cafeteria plan means a flexible spending arrangement that qualifies under Section 125, Internal Revenue Code, which permits an employee to contribute pre-tax dollars to a health benefit plan.
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Section 125 Cafeteria plan means a flexible spending arrangement that qualifies
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Examples of Section 125 Cafeteria plan in a sentence

  • This Plan is to be considered disaggregated from any other Section 125 Cafeteria plan for any other employee groups of the Employer.

  • The employer must establish a Code Section 125 Cafeteria plan before offering FSA accounts to employees.

  • The Section 125 Cafeteria plan allows WLSSD employees to put money in a child care plan.

  • If a Section 125 Cafeteria plan is established, the option to participate shall be available to all employees.

  • Please refer to our Section 125 Cafeteria plan document for more information.

  • The Agreed Framework, which was established in 1994 as a result of avoiding the first nuclear crisis on the Korean Peninsula, set forth that the United States abandoning all nuclear weapons and existing nuclear programs and returning, at an early date, to the Treaty on the Non-Proliferation of Nuclear Weapons and to IAEA safeguards.

  • PLAN C: MESSA/Delta Dental Plan 3 routine cleanings 50/50/50: $2,000 - Class 1, 2, & 3 50: Class 4 $3,000 Lifetime maximum Negotiated Life $35,000 AD&D Long Term Disability - 90 Day Modified Fill (same as PLAN A) The difference between $245 per month and the premium for Plan C will be paid in cash or contributed to the Section 125 Cafeteria plan described in Section G.

  • The Section 125 Cafeteria plan, administered by ASIFlex, offers you an opportunity to saves taxes and increase your take home pay.

  • Approved offering the same products at the same rates as the prior year with First Financial Group for the Section 125 Cafeteria plan, the Section 403b Tax Shelter Annuity program, and other supplemental insurance programs, effective January 1, 2016.

  • PLAN DOCUMENT FOR FSA Flexible Spending Accounts are part of a Section 125 Cafeteria plan and do require a plan document and summary plan description.

Related to Section 125 Cafeteria plan

  • Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant's termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Safe Harbor has the meaning set forth in Section 10.2(d).

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Health benefits plan means a benefits plan which pays or

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.