Flexible spending accounts refers to:
A) Allowing employees to contribute pretax dollars to buy additional benefits
B) Giving employees the option to direct where the employer contributions in the qualified plans are applied
C) Allowing employees to select the benefits they prefer from groups of benefits
D) Giving employees a lump sum of monies to purchase their own benefits
Correct Answer:
Verified
Q32: Variable pay can be characterized as:
A) Techniques
Q33: The Family and Medical Leave Act cover
Q34: In order to be effective,an organizational incentive
Q35: Social Security and unemployment insurance are voluntary
Q36: Which of the following time off benefits
Q38: A benefit is a form of indirect
Q39: Few people set aside sufficient financial reserves
Q40: The co-payment strategy is designed to help
Q41: Benefit functions are among the least outsourced
Q42: Federal regulations under ERISA require that employees
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