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.
Essentially, a cafeteria plan allows an employee to reduce their gross income, effectively reducing the amount they pay in Federal, Social Security, and some State taxes. This amounts to a savings of between 25% and 40% of every dollar they contribute to the plan. The employer also realizes savings on FICA withholding tax for each participating employee. Ask your employer about Cafeteria Plans because they save you and your company money on taxes.
A cafeteria plan is an employee benefits plan administered under Section 125 of the federal tax code that lets employees pay certain expenses with pretax income.It's called a cafeteria plan because employees choose the benefits they want, just as they choose the items they want from the company cafeteria.s an employer, you can contribute to your employees' HSAs as long as contributions for the year do not exceed the maximum annual limit. This limit for HSA contributions as of 2013 is $3,250 for individuals and $6,450 for families.