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New IRS Regulations Make Cafeteria Plans More Attractive to Employers and Employees Alike

New IRS Regulations Make Cafeteria Plans More Attractive to Employers and Employees Alike


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by Gayle M. Meadors, P.C.
Many cafeteria plans simply allow employees to pay health insurance premiums on a before-tax basis. More elaborate plans also allow employees to reimburse themselves on a before-tax basis for qualifying health and dependent care expenses.