Question: Under a cafeteria plan maintained by an employer, a. Participation must be restricted to employees, and their spouses and minor children. b. At least three
Under a “cafeteria plan” maintained by an employer,
a. Participation must be restricted to employees, and their spouses and minor children.
b. At least three years of service are required before an employee can participate in the plan.
c. Participants may select their own menu of benefits.
d. Provision may be made for deferred compensation other than 401(k) plans.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
