Nancy's employer provides an interesting employee benefit plan.Each employee is given 250 employee benefit credits to spend.A wide array of benefits is available,and the employee uses benefit credits to select the benefits that he or she wants.This type of employee benefit plan is called a(n)

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This type of employee benefit plan is commonly known as a cafeteria plan or flexible benefit plan. It allows employees to select the benefits they want from a menu of options, using a set number of benefit credits. This gives employees more control over their benefits and allows them to tailor their options to their individual needs.

Nancy's Employer Provides an Interesting Employee Benefit Plan