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Section 125 Plan Annual Certification Employer ID: EmployerName: EffectiveJanuary1,2017,IPERScoveredemployersthatofferelectiveemployercontributionstoSection 125planswherebysomeofthecontributionsmaybereceivedbytheiremployeesascash,must
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What is section 125 plan certification?
Section 125 plan certification is a document certifying that an employer's cafeteria plan (or flexible spending account) meets the requirements of Internal Revenue Code Section 125.
Who is required to file section 125 plan certification?
Employers offering cafeteria plans or flexible spending accounts to their employees are required to file section 125 plan certification.
How to fill out section 125 plan certification?
Section 125 plan certification can be filled out by providing the necessary information about the cafeteria plan, including plan details, eligibility criteria, and compliance with IRS regulations.
What is the purpose of section 125 plan certification?
The purpose of section 125 plan certification is to ensure that cafeteria plans comply with IRS regulations and provide tax benefits to employees.
What information must be reported on section 125 plan certification?
Information such as plan details, eligibility criteria, and compliance with IRS regulations must be reported on section 125 plan certification.
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