Maximizing Employee Benefits with a Section 125 Plan
In the often changing terrain of employee benefits, companies and workers both are always looking for reasonably priced strategies to handle linked costs including health insurance. One such instrument, sometimes neglected but quite useful, is the Section 125 plan. Often referred to as a cafeteria plan, a Section 125 plan lets staff members pre-tax pay for specific perks including section 125 plan health insurance. This lowers their taxable income as well as offers employers major tax savings.
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