flexible benefits plan
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flexible benefit plan — UK US noun [C] (also cafeteria plan) ► HR an arrangement offered by employers in which employees are allowed to choose among benefits such as life insurance, childcare, or extra holidays, in addition to their basic pay: »Introducing a flexible… … Financial and business terms
flexible benefits — n. An employee benefits program that allows employees to choose from a range of possible benefits to create personalized benefits packages. See also cafeteria plan The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc.… … Law dictionary
flexible — flex‧i‧ble [ˈfleksbl] adjective 1. a person, plan etc that is flexible can change or be changed easily to suit any new situation: • flexible investment opportunities • More firms are offering flexible benefits (= extra money or other advantages … Financial and business terms
Flexible spending account — A flexible spending arrangement (FSA), or Flexible Spending Account, as they are commonly called, is one of a number of tax advantaged financial accounts that can be set up through a cafeteria plan of an employer in the United States. An FSA… … Wikipedia
Flexible-fuel vehicle — For other types of vehicles, see Alternative fuel vehicle and Hybrid vehicle. The Ford Model T was the first commercial flex fuel vehicle. The engine was capable of running on gasoline or ethanol, or a mix of both. A flexible fuel vehicle (FFV)… … Wikipedia
Dependent Care Benefits — Benefits provided by an employer to an employee for use in caring for dependents such as newborns or disabled persons. Dependent care benefits are part of the overall employee benefits plan and can be found in box 10 of the employee s W 2 form.… … Investment dictionary
Private Health Services Plan — A Private Health Services Plan (PHSP) is a tax free vehicle for financing the healthcare costs of employees. They were introduced in 1989 by Canada Revenue Agency (CRA) in their interpretation bulletin entitled IT 339R2. [IT 339R2 Meaning of… … Wikipedia
Cafeteria Plan — An employee benefit plan that allows staff to choose from a variety of benefits to formulate a plan that best suits their needs. Cafeteria plan options may include health and accident insurance, cash benefits, tax advantages and/or retirement… … Investment dictionary
cafeteria plan — cafeˈteria ˌplan noun [countable] HUMAN RESOURCES a system in which an employee can choose which Benefits they receive from a company, for example medical insurance or child care, up to a certain total amount of money * * * cafeteria plan UK US… … Financial and business terms
Portable Benefits — Benefits that have been paid into or accrued in an employer sponsored plan and that can be transferred to a new employer s plan or to an individual who is leaving the workforce. Applies to benefits from health plans, retirement plans and most… … Investment dictionary
Oregon Health Plan — Health care in the United States Public health care Federal Employees Health Benefits Program Indian Health Service Medicaid Medicare Military Health System / TRICARE State Children s Health Insurance Program (SCHIP) Veterans Health… … Wikipedia
