If you give cash as a wedding giftâ¦. 1  Always enclose it in a nice card with the appropriate personal note, wedding wishes, and congratulations to the happy couple.  If you choose to give cash as a gift card, opt for cards at stores the couple prefers and cards without expiration dates or monthly fees.
Cafeteria-style plans provide a special exception to federal income tax rules that apply to an employeeâs earnings. In a cafeteria-style plan, employees are allowed to select among various nontaxable benefits and cash. Benefits to Employees. In a cafeteria-style plan, an employee generally receives a certain number of dollars from the employer to purchase particular elements of a benefits plan. This enables employees to purchase benefits, such as health insurance, with pretax dollars.
Cafeteria Plans. A cafeteria plan is a separate written plan that meets the specific requirements and regulations of Section 125 of the Internal Revenue Service Code, and is maintained by an employer for employees.As suggested by the name, a Cafeteria Plan allows employees to choose where their benefit dollars will be spent. Section 125 Cafeteria Plan is the only way an employer can offer employees a choice between taxable and nontaxable benefits without that choice in benefits becoming taxable. A plan offering only a choice between taxable benefits with no qualified benefits offered is not a Section 125 Cafeteria Plan.