cafeteria plan


A benefits plan that allows employees to select from a pool of choices, some or all of which may be tax-advantaged. Potential choices include cash, retirement plan contributions, vacation days, and insurance.

Use cafeteria plan in a sentence

Our cafeteria plan was one of the best I had seen and I knew that we would be going far with it in the future.

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Jimmy's cafeteria plan has really been a huge reason why he is happy working for his construction company, other than his large salary.

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Instead of offering me a set benefits plan, my new job offered me a cafeteria plan so that I could make my own choices about what benefits I want and don't want.

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