This is the second in a 2-part series on cafeteria plans. Click here to go back to Part 1. If you have questions about cafeteria plans or any small group coverage, please give us a call at 1-800-867-0800 or send us an email at jkatz@vamedicalplans.com. We will be happy to help. What are the Special Rules for Premium Conversion Plans? A premium conversion cafeteria plan (POP) — but not a
Cafeteria Plans, Part 1
A cafeteria plan is a separate written plan maintained by an employer for employees. A plan is a cafeteria plan if it meets the specific requirements and regulations of Section 125 of the Internal Revenue Service (IRS) Code. Cafeteria plans provide employees who participate the opportunity to receive certain benefits on a pre-tax basis. Cafeteria Plans can be an attractive benefit for employers to offer their employees, and we work
