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Question 1 (1.45 points) A cafeteria plan is an employee benefit plan that allows staff to choose from a variety of post-tax benefits. True False

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Question 1 (1.45 points) A cafeteria plan is an employee benefit plan that allows staff to choose from a variety of post-tax benefits. True False Question 2 (1.45 points) A cafeteria plan is also referred to as a flexible benefits plan or Section 454 Plan. True False Question 3 (1.45 points) In Cafeteria Plans any funds allocated but not spent by the employee are rolled to the next year. True False Question 4 (1.45 points) Participant elections under a cafeteria must be made before the first day of the plan year or the date taxable benefits would currently be available, whichever comes first. True False

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