What is Section 125 Plan and How Can It Benefit Your Business?
Running a business isn’t just about paying salaries; it’s also about creating a work environment where employees feel valued and secure. One of the smartest ways to achieve that is by offering benefits that directly improve their quality of life. A Section 125 plan is a tool that not only benefits your staff but also […]
What Are Section 125 Deductions? A Simple Guide for Employers
Section 125 deductions play a vital role in lowering employees’ tax liability. These pre-taxable deductions allow employees to avail of healthcare services at a reasonable or comparatively low cost. However, there are limited deductions available to an employee in a Section 125 plan. To access advanced healthcare benefits and pre-tax deductions, employees should opt for […]