Which of the following deductions may be taken on a pre-tax basis? (You may select more than one answer. )

Question

Quizplus · Accepted Answer

A cafeteria plan (also known as a flexible spending account or FSA), health insurance premiums, and retirement plan contributions are all deductions that can be taken on a pre-tax basis. Garnishments are not eligible for pre-tax treatment as they are involuntary deductions from an employee's wages.

Which of the Following Deductions May Be Taken on a Pre-Tax