Sentences with phrase «cafeteria plans»

All income on a paystub is considered, taxes paid are part of income, cafeteria plans have nothing to do with food and are part of income, there is a minimum time on a job based upon profession which is required to use as income, social security can be grossed up, unemployment income can not be used, etc... The debt - to - income ratio analysis (see below for sample) by www.screenthetenant.com takes current underwriting guidelines into consideration and combines it with theprojected housing payment then calculates if for a future date such as 18 months from now.

• In - depth knowledge of indemnity and managed care products, including PPO / HMO / EPO / POS; HRA, HSA, ancillary products, cafeteria plans 125/132, Life, and AD&D.

Various requirements apply to coverage offered under «cafeteria plans» subject to Internal Revenue Code Section 125, including minimum eligibility and participation requirements.

He has significant experience working with welfare benefit plans (including major medical insurance plans, medical reimbursement plans, cafeteria plans and flexible spending accounts) and COBRA compliance.

Ms. Levy also works with cafeteria plans, tax nondiscrimination rules and VEBAs.

These are also called cafeteria plans or flexible spending accounts (FSAs).

Essentially, employees making use of cafeteria plans receive an instant tax refund on money spent for qualified medical, dental and prescription expenses.

Despite the name, cafeteria plans have nothing to do with cheap meals at work.

If you are not currently enrolled in plans such as these, talk with your supervisor or HR department representative to see if cafeteria plans or FSAs are available to you.

There's a hitch with cafeteria plans though, it's use it or lose it so don't put aside more money than you intend to spend.

Cafeteria plans: These are those other services that you can set aside money for — tax free, to be used later to pay for health care or child care expenses.

If an employee participates in multiple cafeteria plans offering health FSA's maintained by members of a controlled group or affiliated service group, the employee's total health FSA salary reduction contributions under all of the cafeteria plans are limited to $ 2,500.

It may also list how much was withheld from your check to pay for health insurance and Section 125 plans, or cafeteria plans.

This brief by Noah Wepman, Marguerite Roza and Cristina Sepe describes how a different method of supplying benefits to employees might work for districts: cafeteria plans.

It provides the basic options for healthcare plans, cafeteria plans and funding options.

While typical school district plans offer a one - size - fits - all package of benefits to employees, cafeteria plans...

The Promise of Cafeteria - Style Benefits for Districts and Teachers This brief by Noah Wepman, Marguerite Roza and Cristina Sepe describes how a different method of supplying benefits to employees might work for districts: cafeteria plans.

If workers» needs vary widely, consider the increasingly popular «cafeteria plans,» which give workers lengthy lists of possible benefits plus a fixed amount to spend.

Employers will be allowed to offer HRAs through a cafeteria plan; however, these employer contributions must be made available on a comparable basis, on behalf of all participating employees.

The Cafeteria Plan Management System, a pricey but highly efficient system that can handle all FSA - plan options.

It is worth noting that she is not actually fully embracing the doctrine of her chosen faith, but rather going with the cafeteria plan and picking the pieces of the religion she likes.

Employers are allowed to offer HSAs through a cafeteria plan.

In most cases, if you are covered by a health or accident insurance plan through a cafeteria plan, and the amount of the insurance premiums was not included in your income, you're not considered to have paid the premiums and you must include any benefits you receive in your income.

One common benefit is a Section 125 plan, referred to as a flexible spending account or cafeteria plan.

We have healthcare through my husband's work, as well as a cafeteria plan that we've already used up.

If your husband's cafeteria plan already included $ 5k for dependent care, that's it for the year.

An employer may offer HSAs through a cafeteria plan.

Additionally, if you are able to include insurance premiums paid by an employer - sponsored health insurance plan, cafeteria plan, or HRA (Health Reimbursement Arrangement) in Box 1 of your W - 2 Form, you may deduct those as well.

Depending on how the employer has structured the cafeteria plan, employees may reduce their salaries on a pre-tax basis for any contributions for selections in the cafeteria plan.

Employees can not claim deductions for their participation in a cafeteria plan, but participation will carry tax benefits, such as reducing taxable income.

From the horse's mouth: The cafeteria plan rules require that a health FSA provide uniform coverage throughout the coverage period (which is the period when the employee is covered by the plan).

A flexible spending account has its advantage as well: You can use it for dependent care as well as medical expenses, but it's part of a cafeteria plan and you lose the money that you don't spend by the end of the year (rather than it simply rolling over to the next).

Compensation is defined as including bonuses, overtime, commissions, and salary deferrals for 401 (k) or cafeteria plan benefits.

By paying your child care expenses out of your cafeteria plan, you're saving whatever your tax rate is so you're better off.

The exception is if the employer passes the funds through a Premium Only Cafeteria Plan 125 in which case the employer may match employees funds in the accounts or add additional funds for low wage earners.

Box W: Employer contributions (including employee contributions through a cafeteria plan) to an employee's health savings account (HSA).

It works that way because employers typically make their health plan available to employees via a Section 125 cafeteria plan.

The big difference for me is that my contribution thorough a cafeteria plan also skips Social Security and Medicare taxes.

In a cafeteria plan your contributions to your coverage are deducted from your paycheck in a pre-tax manner, your employers contributions to the plan are a business expense.

That is a 6.2 % (SS) + 1.45 % (Medicare) tax on those contributions if done outside a cafeteria plan.

• Take maximum advantage of your employer's 401 (k) plan, health savings account (HSA), health reimbursement arrangement (HRA), and Section 125 cafeteria plan.

Medical, Dental, Short Term Disability, Long Term Disability, Vision, Child Care, Cafeteria Plan, Life Insurance, PTO, Paid Holidays, Employee Assistance Program, 401K, Staff Discounts, etc..

Advising employers regarding wellness programs, cafeteria plan compliance, health savings accounts, and defined contribution health care strategies

If her employer has adopted any of the newer rules (not required) that allow her to get out of the cafeteria plan mid-year then she may be able to.

However, LTCi premiums may be paid through an HSA that is offered under an employer - provided cafeteria plan.

Artsbenefits.com Etruckerbenefits.com Section 105 Plan HRA Section 125 Cafeteria Plan

Administering all employee benefits programs such as 401 (k), health / welfare plans, cafeteria plan, wellness benefits;

Reviewed Cafeteria Plan Payable / Cafeteria Expense Accounts to ensure proper coding.

Correspondence / Invoicing Computerized Reporting Data Logs & Calculations Collection / Verification General Ledger Accounting Account Payable / Receivable Budget Preparation / Cost Analysis Staff Training / Development Staff Management / Mentoring Interviews / Hiring / Termination Payroll / Benefits Management Workers ¦ Compensation 401K - Plan / 125 Cafeteria Plan Medical / dental Plan Reports / Documentations Insurance Procedures Payroll Procedures Government Rules / Regulations

Successfully managed all aspects of administrative duties including payroll, Cobra administration, 401k plan, 125 Cafeteria plan, medical, dental, and life insurance.