Section 125 Cafeteria Plans
Affordable Employee Benefits will always have your company's best interests in mind.
A cafeteria plan might be the most beneficial type of coverage for you and your employees. These plans provide savings and incentives for the employer and the employees. Here are some advantages of a Cafeteria Plan.
Types of cafeteria plans
• Premium Only Plans • Flexible Spending Accounts • Full Cafeteria Plans
• Savings on FICA taxes
• Increase in net income
• Easy way to offset healthcare expenses
• Reduces payroll taxes
• Lessen insurance costs
• Reduce retirement plan expenses
• Savings on insurance premiums
• Administration fees are tax deductible
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You may click on this link to review a summary about the Section 125 Cafeteria Plans. This is a great tool you can utilize in order to better understand how a cafeteria plan will benefit you and your employees. CLICK HERE!