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Excess group-phrase daily life coverage protection delivered by salary reduction inside a cafeteria plan and outdoors a cafeteria program.means a extremely compensated specific that's eligible to take part in the cafeteria approach. (five) Nonhighly compensated specificFor an Modification introducing a new advantage, the cafeteria strategy have to

The approach is not really a cafeteria strategy because it doesn't offer you an election amongst at the very least a single taxable profit and at the very least one nontaxable capable advantage. Illustration 4.Furthermore, workers may perhaps lower their taxes by contributing to the Cafeteria Program in advance of tax deduction calculations. The ne