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A cafeteria strategy may perhaps spend or reimburse only These substantiated expenditures for competent Rewards incurred on or following the later of your helpful date in the cafeteria system plus the day the employee is enrolled while in the approach.Lessen taxable earnings: Because money are put into this account pre-tax, it cuts down the amount
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(5) Eligible employerFor reasons of the subsection— (A) Normally The phrase “eligible employer” implies, with respect to any year, any employer if this sort of employer used an average of one hundred or less employees on business times in the course of either of your two previous years.Employer S maintains a calendar yr cafeteria program. The