The Jacobs Company
Employee Benefit Plans & Services
Cafeteria Compensation Plans
 IRC Sec. 125
How is the Employer Benefited?

            A. Lower gross pay means lower payroll taxes (FICA, FUTA, and sometimes Worker's Compensation insurance).
            B. Employee is allowed to share the cost of benefits, if desired.
            C. Helps employer retain key employees.
            D. Boosts employee morale by showing employer concern.
            E. Employer may be able to reduce fringe benefit costs.

Cafeteria Plans
How is the Employee Benefited?
Some "Qualified Benefits" Which Can Be Added, Include
Benefits Which are Specifiacally Excluded, Include
Plan Requirements

Please refer to our Health Insurance Section as we are developing the Employee Benefits Section


This document was last modified on July 26, 1999

Copyright ©1999, The Jacobs Company, All Rights Reserved