News

A Section 125 (cafeteria) plan is an employer-sponsored plan that gives employees access to health insurance and childcare pretax benefits. Find out if you're eligible.
BRADENTON, Fla., June 16, 2020 /PRNewswire/ -- The COVID-19 pandemic has employers looking for ways to help employees through group health insurance and FSA disruptions caused by furloughs ...
With the tax savings it offers, a Section 125 plan can be a nice addition to a benefits package. Here are the pros and cons of these plans. ... Although taxes are not levied on these wages, employers ...
If hours and waiting-period requirements, for example, are included in your Section 125 plan document, double-check that those terms are in sync with your health plan documents. 5. Section 125 plan ...
The Section 125 Plan Document Package includes: The Premium Conversion Plan Document Documents are personally prepared for each client. Document should be accepted and signed by an Officer of the.
Permitted status changes must be listed in the employer’s plan documents. SEC. 125 AND ERISA. Sec. 125 plans are covered by the Employee Retirement Income Security Act (ERISA), which includes ...
If there is no cafeteria plan document, if the document doesn’t satisfy the plan document requirements or if the plan fails to operate in accordance with the terms of the plan or Section 125 rules, ...
BRADENTON, Fla., Nov. 6, 2018 /PRNewswire-PRWeb/ -- Believe it or not, every paycheck brings millions of Americans a helpful little boost from the ...
Optional Health FSA allows up to $3,200 tax-free medical, dental and vision expenses. Optional: Dependent Care Assistance Plan FSA for up to $5,000 in tax-fre daycare expenses. A Section 125 ...
A Section 125 or cafeteria plan is an employer-sponsored benefit plan that gives employees access to certain taxable and nontaxable pretax benefits. The plan can be made available to employees ...
The structure and operation of Section 125 plans — which allow employers to offer certain benefits on a pre-tax basis — is one of the hardest things for employers to master. So, I thought it might be ...