_________ benefits plans enable employers to provide employees greater benefits while reducing both the employer's and employees' tax bills.

Question

Quizplus · Accepted Answer

Flexible benefits plans, also known as cafeteria plans, allow employees to choose from a menu of options to customize their benefits package to meet their specific needs. These plans allow for pre-tax salary reduction contributions, which can lower both the employee's and employer's tax liability.

_________ Benefits Plans Enable Employers to Provide Employees Greater Benefits