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  • Section 125 Cafeteria Plan Election Form - California State ... - Csun

Get Section 125 Cafeteria Plan Election Form - California State ... - Csun

SECTION 125 CAFETERIA PLAN ELECTION FORM: Employer Name: Plan Year: 2013 THE UNIVERSITY CORPORATION Employee Name: SSN: Address: Phone #: Birth Date: City: State: Zip: Pay Cycle: Weekly: 52 48 Bi-Weekly.

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How to fill out the SECTION 125 CAFETERIA PLAN ELECTION FORM - California State ... - Csun online

This guide provides clear and concise instructions for completing the SECTION 125 CAFETERIA PLAN ELECTION FORM for users affiliated with California State University, Northridge. By following these steps, you can successfully navigate the online form and make informed benefit choices.

Follow the steps to complete the cafeteria plan election form online.

  1. Click ‘Get Form’ button to obtain the form and open it in your editor.
  2. Begin filling out the employer name by entering 'The University Corporation' as indicated on the form.
  3. Enter your identifying information, including your name, Social Security Number (SSN), address, phone number, and birth date.
  4. Complete the city, state, and zip code fields accurately to ensure proper identification.
  5. Select your pay cycle from the options provided: weekly, bi-weekly, semi-monthly, or monthly.
  6. If you are a new employee, provide your benefit eligibility date in the designated section.
  7. Indicate your pre-tax elections for group medical insurance categories by marking 'YES' and entering the respective premium amounts for health/medical, dental, and vision.
  8. Fill in the flexible spending account categories including dependent care expenses, medical out-of-pocket expenses, and commuter expenses, adhering to the specified yearly or monthly maximums.
  9. Review the total pre-tax contribution amount to ensure accuracy before finalizing your entries.
  10. Read the Flex-Advantage Plan Election Agreement carefully, understanding all terms related to your contributions and the implications of any status changes.
  11. Sign and date the form to certify your elections. Ensure all fields are completed before submission.
  12. Once you have reviewed all information, save the changes, download, print, or share the completed form as necessary.

Get started on completing your SECTION 125 CAFETERIA PLAN ELECTION FORM online today!

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A Section 125 Premium Only Plan document allows your employees to voluntarily agree to a “salary reduction” so that the employer can pay their insurance premium as a business expense.

Section 125 permits employees to choose between taxable cash and “qualified benefits” through a cafeteria plan. Only qualified benefits can be part of a cafeteria plan. Tuition Assistance (employer tax-free reimbursement permitted under §127 or §132) • 403(b) Plan (different from 401(k)!)

Section 125 plans must be created by an employer. When a plan is created, the benefits are available to employees, their spouses, and their dependents. Depending on the circumstances and details of the plan, Section 125 benefits may also extend to former employees, but the plan cannot exist primarily for them.

If you want to legally deduct employee pretax contributions for healthcare and certain other types of benefits, you need what's commonly called a Section 125 Plan, Cafeteria Plan, or Premium Only Plan document.

Starting a section 125 plan requires following these three simple steps: Complete the necessary plan documents. Notify employees that you are offering a Section 125 cafeteria plan. Hire a TPA to administer your Section 125 plan and process reimbursements.

Typically a plan document and necessary forms will cost anywhere from $100-$600 through an attorney or tax advisor. Many payroll providers charge set-up fees as much as $600 but once you have the document you will be required to update as new legislation is available.

Common examples of Section 125 Cafeteria Plans include: Contributions to a Health Savings Account (HSA) Health Flexible Spending Accounts (FSAs) Premium Only Plans (POPs) Dependent Care Flexible Spending Accounts.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232