What SECTION 125 PLAN means: See Cafeteria Plan.
- Definition Standard Deduction:
- Dictionary by the tax law in lieu of itemized deductions. A taxpayer whose gross income is not more than the sum of the standard deduction and exemptions generally does not have to pay tax. See our Standard section 125 plan definition.
- Definition Spousal IRA:
- Dictionary taxpayer whose spouse has little or no compensation for the benefit of that spouse. The designation "spousal" is significant for tax purposes only. There is no connection between a Spousal section 125 plan explain.
- Definition Shareholder:
- Dictionary An individual or entity that owns shares of capital stock section 125 plan what is.
- Definition SIMPLE Retirement Plan:
- Dictionary establish a savings incentive match plan for employees retirement plan. A SIMPLE plan can be either an IRA for each employee or a cash or deferred arrangement, such as a 401(k) plan section 125 plan meaning.
How works Section 125 Plan meaning in Tax definitions S .
