The IRS Section 125 Plan (Cafeteria Plan) includes Premium Only Plans and Flexible Spending Accounts (FSAs) it is an 
employee benefits program designed to take advantages of the tax provisions of Section 125 of the Internal Revenue Code for employees. A Cafeteria Plan allows employees to pay certain qualified expenses such as health insurance premiums and other health related expenses on a pre-tax basis, thereby reducing their total taxable income and increasing their spendable/take-home income. Funds set aside in Flexible Spending Accounts (FSAs) are not subject to federal and state taxes. As the employer you may offer either one or both types of plans, Premium Only Plan (POP), or a Flexible Spending Account (FSA)
Employers may deduct the employee’s portion of the company-sponsored insurance premium directly from said employee’s paycheck before taxes are deducted.
In an FSA, employees may set aside on a pre-tax basis a pre-established amount of money per plan year. The employee can use the funds in the FSA to pay for eligible medical, dependent care, or transportation expenses.
The Section 125 Plan is part of the CES Voluntary Benefits Program and is offered by CBA and administered by WageWorks. If you are already a participant, you can review your account on the WageWork website.