8057969d_lueShield___Health_Care_Reform__Definition
[Topic] Section 125 Plan [Definition] 
These plans are otherwise known as a “cafeteria plan” offered pursuant to Section 125 of the Internal Revenue Code. Its name comes from a set of benefit plans that allows employees to choose between different types of benefits, similar to the ability of a customer to choose among available items in a cafeteria, and the employees’ pretax contributions are not subject to federal, state or Social Security taxes.
Excellus BlueCross BlueShield | Health Care Reform
Definition