Many employers sponsor cafeteria plans these plans allow, Ask an Expert

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Many employers sponsor "cafeteria" plans. These plans allow employees to have some of their earnings put into an account that can be used for medical expenditures incurred in that tax year. The income put in this account is not considered part of the individual's tax base.

It what ways is it desirable to exclude this income from the tax base? In what ways is it undesirable?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91955132

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