Heidis employer offers paid vacations and health and life insurance as well as a 401(k). Currently, Heidi is only participating
in the 401(k) plan. The fact that she was able to pick an option according to her preference means that her employer offers benefits as a part of a(n) ____. A. Cafeteria plan
B. Insurance package
C. Total compensation package
D. Civil libert
Heidi's employer offers paid vacations and health and life insurance as well as a 401(k) but she is only participating in the 401(k) plan.
This is a part of Cafeteria plan.
A Cafeteria Plan is a reimbursement plan that allows the employees to contribute some amount of their gross income to a designated account before taxes are calculated.
