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Add an inexpensive benefit to your employee tax benefit plan.
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Cafeteria plans, also called flexible spending accounts (FSAs), allow employees to use pre-tax dollars to pay medical insurance premiums, out-of-pocket medical expenses and dependent care expenses.
Cafeteria plans earned their nickname from the flexibility they give employees in choosing from a menu of benefits. With a cafeteria plan, employees authorize employers to deduct a fixed amount or percentage from their before-tax income.
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