0 likes | 1 Views
Through the IRS Section 125 Flexible Benefit Plan, employees can allocate pre-tax earnings toward benefits like health insurance and dependent care. This not only lowers taxable income but also enhances the overall compensation packageu2014providing a win-win for both employers and their workforce.<br><br>
E N D
IRS SECTION 125 FLEXIBLE BENEFIT PLAN Maximize pre-tax savings Support employee health and wellness Stay compliant with IRS regulations https://brightpathgrp.com/
KEY FEATURES OF SECTION 125 FLEXIBLE BENEFIT PLANS Pre-tax payroll deductions Options include health insurance, dental, vision, and FSA contributions Employee choice: choose from a menu of benefits Tax savings for both employers and employees
TYPES OF BENEFITS ALLOWED UNDER SECTION 125 Premium Only Plans (POP) Flexible Spending Accounts (FSA) Dependent Care Assistance Programs (DCAP) Health Savings Accounts (HSA) compatibility
UNDERSTANDING THE IRS SECTION 125 FLEXIBLE BENEFIT PLAN The IRS Section 125 Flexible Benefit Plan allows employees to pay for eligible benefits—such as health insurance, dental, vision, and dependent care—using pre-tax dollars. By offering IRS Section 125 flexible benefit plan options, employers can reduce payroll taxes while employees increase their take-home pay. This plan is ideal for businesses looking to enhance their benefits package, support employee wellness, and remain compliant with tax regulations. It’s a smart, cost-effective solution for both employers and their teams.
THANK YOU CONTACT US +1786-655-9680 https://brightpathgrp.com/