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Section 125 Cafeteria Plans and savings programs A Section 125 cafeteria plan allows an employer to set up two or more benefit plans, giving employees the opportunity to save money in reduced taxes. This is accomplished through payment of certain qu...

Section 125 Cafeteria Plans and savings programs A Section 125 cafeteria plan allows an employer to set up two or more benefit plans, giving employees the opportunity to save money in reduced taxes. This is accomplished through payment of certain qualified expenses with pre-tax dollars by redirecting a portion of their salary into the plan. Members can reduce the expense of their lifestyle without reducing their quality and at the same time, increase their retirement savings.