Employers,
a 125c tax-advantaged plan allows your employees to use pre-tax dollars
to pay for certain benefit costs. And when you lower the taxable income
of all participating employees, you may also reduce your overall share
of FICA and FUTA taxes.
We are experienced with Section 125. We have assisted
over 40,000 employers in establishing flexible benefit plans for their
employees.
It's your employee's money and benefits take a large
part of their paycheck. But you may save money on those premiums by
participating in a 125c plan.
It's not the costs that are reduced, but how the
benefits are paid that makes the difference. Without a 125c plan,
your employees pay taxes on every dollar they earn - then they pay
for their benefits. With a 125c plan, the benefit costs are deducted
first and they only pay taxes on the remainder. This means they don't
pay taxes on the money they spend for qualified benefits such as health
insurance coverage!!!!
We provide assistance in setting up premium
only accounts and plans with flexible spending accounts
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Our TPA has no charge for premium only plans
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5500 form is completed by TPA
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50 or more employees and customized benefit statements are prepared
at no charge
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Savings made simple
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Sample documents provided
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We educate your employees
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We handle the FSA reimbursement
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We answer the questions
Our associates are ready to assist.
With Kindest Regards,
Bob Puckett
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