Employer-Employee:
Specialized Section 125 Plan for Employers and Employees
How It Works
Our specialized Section 125 plan allows employee benefits to be pre-taxed, provided you have at least 10 qualified employees. This structure creates significant payroll tax savings for your business while enhancing employee well-being and increasing their take-home pay.
Employer Benefits
- Payroll Tax Savings: Your company will save an average of $573.60 per employee, per year on FICA payroll taxes—year after year.
- Zero Net Cost: The tax savings completely offset the cost of the plan, meaning no contracts, no sign-up fees, and no out-of-pocket costs for the company or employees.
- Established Program: Section 125 plans were introduced in 1978 by the U.S. government to help businesses like yours save on payroll taxes through pre-tax employee benefits.
Employee Benefits
- Higher Take-Home Pay: Employees save on both payroll and income taxes, resulting in an average of $1,500 more per year in take-home pay.
- Enhanced Healthcare Access: Each employee receives valuable health benefits, including:
- Unlimited $0 copays for primary care and urgent care visits
- Unlimited telemedicine visits
- 100% coverage for preventative care
- $0 copays on formulary prescription drugs
- Smart Health Technology: Employees gain access to advanced mobile technology designed to improve health, manage care, and mitigate health challenges.
Why It’s a Win-Win
By pre-taxing employee benefits, your company reduces payroll expenses while employees take home more pay and receive stronger healthcare support—all at no net cost.
Next Step
We would be happy to prepare a free, no-obligation quote showing exactly how much your business and employees could save each month under our specialized Section 125 plan.