These employee benefit programs are commonly referred to as "Cafeteria" Plans because of the "menu" of benefit options available through them.  They are sometimes referred to as "Section 125" Plans which is in reference to the provision under the Internal Revenue Code permitting the tax advantages the Plan provides.

Simply stated, the Cafeteria Plan offers employees significant advantages over the traditional methods of delivering employees benefits. Key features of the Plan include:

• Your ability to choose the types and amounts of certain benefits available under the Plan best suited to your personal and family needs.
  
  
• Your ability to pay your cost of benefits with tax-free dollars.
  
  
• Your choice of paying out-of-pocket medical care expenses (Health Care/Medical Care Reimbursement Plan) and dependent care expenses (Dependent Care Assistance Plan) through the Plan with tax-free dollars.
  
  
• Your ability to annually change your election of benefits to fit your changing personal and family needs.
  

Visit www.flexcorp125.com to learn more.