• Q-1: What are the effective dates of these cafeteria plan rules?
  • Q-2: What does section 125 of the Code provide?
  • Q-3: What is a cafeteria plan under section 125?
  • Q-4: What benefits constitute qualified benefits and what benefits constitute cash under a cafeteria plan?
  • Q-5: May a cafeteria plan include a benefit that defers the receipt of compensation?
  • Q-6: In what circumstances may participant revoke existing elections and make new elections under a cafeteria plan?
  • Q-7: How do the rules governing the tax-favored treatment of employer-provided benefits apply to plans that are flexible spending arrangements?