by Tara Kuther, Ph.D. A master's degree is a type of graduate degree, degree earned after completion of an undergraduate degree (BA or BS). Typically the master's degree requires about 30 credits of coursework and takes 2 years of full time study beyond the bachelor's degree. In addition to coursework, the master's degree sometimes entails completing comprehensive exams and/or a thesis.
flexible benefit plan. Definition. A benefits plan that allows employees to select from a pool of choices, some or all of which may be tax-advantaged. Potential choices include cash, retirement plan contributions, vacation days, and insurance. also called cafeteria plan. Use this term in a sentence.
The Flexible Spending Account (FSA) is an increasingly popular Voluntary Benefit available for you to offer to your employees as part of your Cafeteria Plan.ontributing to their FSA is a cost-effective way for your employees to reduce their taxable income and save money on health care essentials, reducing their financial stress and allowing them to focus better on their jobs. Benefits Connection makes both types of plans available for your employees.