Small Business Owners Barred from Cafeteria Plans
Experts appearing before the Subcommittee of the House Small Business Committee held a light to the reason why many small businesses do not offer cafeteria plans: about three quarters of small business owners cannot participate. This in turn puts employees at small businesses at a disadvantage. The suggestion: change the law so that employees in small businesses will gain access to cafeteria plans and the benefits flexibility they afford. You can read the full testimony here.