Get the free 2012 Cafeteria Enrollment Form - hr spps

Use this form to enroll in your Saint Paul Public Schools benefits. Elections are effective from the first day eligible through December 31, 2012, unless there is a qualified family status change

How to fill out 2012 cafeteria enrollment form

How to fill out 2012 Cafeteria Enrollment Form

1. Obtain the 2012 Cafeteria Enrollment Form from your employer or the benefits office.
2. Read the instructions at the top of the form carefully.
3. Complete the personal information section by providing your name, address, and employee identification number.
4. Review the benefits options available to you and select your desired choices.
5. Indicate any dependent coverage you wish to enroll in by providing the necessary information.
6. Make sure to check the box for any additional benefits you would like to include.
7. Review your selections to ensure accuracy.
8. Sign and date the form at the bottom.
9. Submit the completed form to your HR department or designated benefits administrator before the deadline.

Who needs 2012 Cafeteria Enrollment Form?

1. Employees who wish to participate in their employer's cafeteria plan for benefits.
2. Individuals looking to select flexible benefits options offered by their employer.
3. Eligible dependents of employees seeking enrollment in benefit coverage.

People Also Ask about

What does cafe 125 mean on w 2?

Cafe 125 refers to IRS Section 125, which covers cafeteria plans. These cafeteria plans allow employees to set aside pre-tax income for certain benefits, including dependent care assistance, group term life insurance, and adoption assistance.

What is a cafeteria form?

Key Takeaways. Cafeteria plans are a type of benefit plan that allows employees to choose which benefits they want to enroll in, such as medical and vision insurance. Plans must comply with IRC section 125 and the ERISA, including certain documentation and filing requirements.

How does a 125 cafeteria plan work?

A Section 125 plan lets employees set aside insurance premiums and other funds on a pretax basis. This can save workers 20% to 40% in taxes per year but these plans offer employers some tax-saving benefits as well.

What taxes are exempt from section 125?

Section 125 Tax Exemptions Social Security Tax and Medicare Tax Exemptions: Section 125 plans provide exemptions from Social Security tax (FICA) and Medicare tax for employees and employers on contributions made to the plan. This reduces the tax burden on employees and leads to payroll tax savings for employers.

What are the disadvantages of a section 125 plan?

Here are some of the drawbacks of Section 125 plans: There are setup fees: There is a cost for setting up Section 125 plans. Funds expire: Employees who opt into a Section 125 plan must use the money they've invested during the plan year; unused money does not roll over to the next plan year.

How do I know if I have a cafeteria plan?

If employees are enrolled in a section 125 cafeteria plan, their pre-tax benefit contributions will be noted along with other payroll deductions on their pay stub.

What is the 125 cafeteria plan document?

A Section 125 (POP or Cafeteria) plan is “a written plan” Section 125 is part of the U. S. Code where the Treasury (IRS) lays out the rules for employers wanting to allow employees the option of pre-tax salary deductions to pay group health and related insurance premiums.

For pdfFiller’s FAQs

What is 2012 Cafeteria Enrollment Form?

The 2012 Cafeteria Enrollment Form is a document used by employees to enroll in or make changes to their benefits under a cafeteria plan, which allows them to choose from a variety of pre-tax benefits.

Who is required to file 2012 Cafeteria Enrollment Form?

Employees who wish to enroll in or modify their benefit selections under a cafeteria plan are required to file the 2012 Cafeteria Enrollment Form.

How to fill out 2012 Cafeteria Enrollment Form?

To fill out the 2012 Cafeteria Enrollment Form, employees should provide their personal information, choose the benefits they wish to enroll in, indicate any changes to current elections, and sign the form to confirm their selections.

What is the purpose of 2012 Cafeteria Enrollment Form?

The purpose of the 2012 Cafeteria Enrollment Form is to give employees the opportunity to select or change their benefits under a cafeteria plan, allowing for flexible benefit options that suit their individual needs.

What information must be reported on 2012 Cafeteria Enrollment Form?

The information that must be reported on the 2012 Cafeteria Enrollment Form includes employee identification details, benefit selections, any changes to previous elections, and the employee's signature to validate the information provided.