Cafeteria Benefit Plans

You and your employees alike can enjoy tax savings — and employees can enjoy larger paychecks — with a Section 125 plan, also known as a flex benefits or “Cafeteria” plan. As the name suggests, a cafeteria benefit plan allows employees to build their own benefits packages from a “menu” of available benefits. Employees can redirect a portion of their pre-tax salary toward the purchase of these benefits, or you can contribute this payment on their behalf.

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