Section 125 Cafeteria Plan

  

/files/Pay Check Connection/section 125 cafeteria plan_Resized_185x139.jpgSection 125 Plans allow employees to withhold a portion of their salary on a pre-tax basis to cover the cost of certain insurance premiums, dependent care and medical expenses, including:

  • Over-the-counter medications, prescription drugs, dental, chiropractic, eye glasses, co-pays and deductibles, orthodontia, acupuncture and many more.


Employer Tax Savings

  • Employers save on their share of Employer taxes due to the reduced gross payroll of the employee.
  • The expenses covered by the Section 125 plan are deducted from the employee's gross income, which, in most cases, reduces the employee's tax burden.

Section 125 Cafeteria plans help you and your employees offset the high cost of health care and put money back in your pockets!


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