Owners in almost all cases cant participate in cafeteria plans











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When you work with a lot of small employers, you're often dealing directly with the owners themselves. In benefits, you have to understand what owners can and can't do. • • One of the biggest mistakes has to do with allowing participation by owners in the cafeteria plan - which, in the vast majority of cases, is a big no-no. • Remember, cafeteria plans are tax breaks - something the IRS and other Departments watch very closely. Tread lightly with the rules here - which includes who can, and who can't participate. • #section125 #cafeteriaplan #employeebenefits #benefitscompliance #compliance

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