What IRS Section 125 Plan means to you...
IRS Section 125 Plan means
IRS Section 125 Plan means
What is an IRS Section 125 cafeteria plan?
IRS Section 125 of the
Internal Revenue Code requires an employer to maintain a written IRS
section 125 Plan Document when participants of an IRS section 125
Cafeteria Plan pay for qualified benefits before tax.
An IRS Section 125 Plan
allows an employer to offer its employees a choice between taxable and
nontaxable benefits. IRS Section 125 allows employees to pay for
medical insurance premiums and other qualified benefits with pretax
dollars. We can help employers establish an IRS Section 125 Cafeteria
Plan along with the IRS required IRS Section 125 Plan Document for
FREE!!
Reducing your share of FICA and FUTA taxes by reducing your employees' taxable incomes.
Increased take home pay because of IRS Section 125 Plan tax savings