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Acme · Plan year starting 2027-01-01
Section 5 of 11 · Section 125
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56 answered
11 of 11 sections done
Section 5 of 11
Section 125
Incentivizing Participants with Tax-Free Benefits
Q1
Choose all that apply
Which benefits are paid by employees via pre-tax salary reduction? (select all that apply)
Medical
Dental
Vision
Group Term Life
Accident
Health FSA
Dependent Care FSA
HSA contributions
Short Term Disability
Long Term Disability
Fixed indemnity insurance (e.g., hospital, critical illness, cancer, accident)
Other
No benefits are paid pre-tax, all are paid after-tax
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Q2
Has the employer adopted a
Section 125 Cafeteria Plan Document Premium Only Plan (POP)
with required contents/language?
Yes
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Q3
Is the employer allowing prospective mid-year plan changes only upon the appropriate
qualifying life events
?
No
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Q4
Are
self-employed owners
allowed to participate pre-tax through the cafeteria plan, including Health FSA?
No