A cafeteria plan or flexible benefits plan, allows an employee to have some choice in designing his/her own benefit package by selecting different types and levels of benefits that are funded with nontaxable employer dollars.

A cafeteria plan removes the “take-it-or-leave-it” proposition from your benefit offerings and can empower your employees. Employers sometimes favor cafeteria plans because not only does the plan better meet individual needs of their employees, but also these plans typically reduce employer benefit costs. A cafeteria plan also allows for a small business to offer benefits, which would otherwise be unaffordable.

If you are considering a cafeteria plan, perhaps the most important first step is to determine whether such a plan is feasible for your organization, based on your organization’s goals.

Call the McDaniel Hazley Group for an appointment to discuss your employee benefit needs at (816) 531-7500 or visit our Web site at

Buy at Amazon