Pregunta
Under a cafeteria plan, employees may use pre-tax payroll deductions for certain qualifying costs.
True
False
True
False
Ask by Barnett Stuart. in the United States
Mar 18,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
Responder
True. Employees can use pre-tax payroll deductions under a cafeteria plan for certain costs like health insurance and dependent care.
Solución

¡Inicia sesión para desbloquear respuestas gratis!
Una plataforma de aprendizaje en la que confían millones de estudiantes y profesores reales.

Respondido por UpStudy AI y revisado por un tutor profesional
Como
Mind Expander
True! Under a cafeteria plan, employees can choose from a variety of pre-tax benefits such as health insurance, flexible spending accounts, and dependent care assistance, allowing them to customize their perks while reducing their taxable income. This is a win-win as it helps employees save money while also benefiting employers by lowering payroll taxes!
But beware of common pitfalls! Some employees might overlook the use-it-or-lose-it rule for flexible spending accounts, leading to unspent funds at the end of the year. Always keep track of your spending and plan ahead to maximize the benefits offered by the cafeteria plan.

¡Prueba Premium ahora!
¡Prueba Premium y hazle a Thoth AI preguntas de matemáticas ilimitadas ahora!
Quizas mas tarde
Hazte Premium