How a 125 Cafeteria Plan Benefits Small Business Owners and Their Employees

125 Cafeteria Plan

Section 125 cafeteria plan is a comprehensive plan that allows small businesses to offer lucrative health benefits to their employees with additional tax-saving opportunities. The benefits included in this plan are pre-tax deductible, reducing the tax liability of both the employer and the employee.  However, to save more on taxes, employers and employees should prefer […]