Flexible benefits plan

Flexible benefits plans are programs offered to employees, which allow them a choice between several different benefits, including health insurance, life insurance, child care, and retirement plans.  Section 125 or Cafeteria Plans are a variety of flexible benefits plan.

Related Terms: 

Section 125 Cafeteria Plans

Small Business Health Options Program (SHOP)

Health Reimbursement Arrangements (HRA)

Health Savings Account (HSA)

 

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