Flexible spending accounts and premium-only plans are versions of which cafeteria plan? (Types of Flexible Benefit Plan Arrangements)

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Both flexible spending accounts and premium-only plans are types of pretax salary reduction cafeteria plans, which allow employees to set aside a portion of their salary before taxes to pay for qualified expenses. A modular plan offers prepackaged benefit options, a core-plus-options plan offers a core set of benefits with additional optional benefits to choose from, and a mix-and-match plan allows employees to choose from a range of benefits but has no prepackaged options.

Flexible Spending Accounts and Premium-Only Plans Are Versions of Which