Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Would a cafeteria plan comply with the annualization requirement?

April 26, 2017annualization cafeteria comply Plan requirement

0

Posted

Would a cafeteria plan comply with the annualization requirement?

1 Answer

0

Posted

Yes. A true cafeteria plan, where the total dollar value of the supplement amount is provided to the employee and the employee is provided the option or vehicle to purchase their own benefits, is considered the same as cash.