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With 125 plans employee benefits, companies reduce payroll taxes while employees enjoy pre-tax savings on essential health and care expenses.<br><br>
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125 PLANS EMPLOYEE BENEFITS Tax savings Customizable benefit options Flexible Choices Peace of Mind https://theharmonicare.com/
What Is a Section 125 Plan? A Section 125 Plan, also known as a cafeteria plan, allows employees to pay for certain benefits using pre-tax dollars. This reduces taxable income and increases take-home pay. It’s called a "cafeteria plan" because employees can choose from a variety of benefit options that suit their needs.
What Can Be Included in a 125 Plan? HealthInsurancePremiums Dental & VisionInsurance DependentCareAssistance HealthCareFlexibleSpendingAccounts (FSAs) Theseoptionshelpyoumanageyourfamily’sneedswhilesavingon taxes. Make the Most of Your Benefits A125Planempowersyoutotakecontrolofyourfinancesandwell- being. Choosetherightcombinationofbenefitstomatchyourneedsand reduceyourtaxburden. Harmoni125helpsbusinessesunlockthefullpotentialofSection125 planswithsimple,effectiveimplementationandemployeesupport.
Conclusion Employers choose to offer 125 plans employee benefits because they provide a win-win solution for both the company and its workforce. These plans reduce payroll taxes for the employer while enhancing the overall benefits package. By allowing employees to pay for certain benefits with pre-tax income, businesses can improve employee satisfaction, support financial wellness, and stay competitive in attracting and retaining talent—all without increasing direct compensation costs.
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