Everything You Need to Know About 125 Cafeteria Plans
In today’s competitive labor market, offering robust health benefits isn’t just a perk, it’s a necessity. But if you’re an employer who’s cautious about increasing overhead, the good news is you don’t need to spend more to give your team more. A 125 cafeteria plan, also known as a pre-tax cafeteria plan, is one of […]
How 125 Health Plans Help You Save on Healthcare Costs
Section 125 health plan includes several pre-taxable healthcare benefits that cater to the basic to advanced medical needs of the employee and offer them an opportunity to reduce their tax liability. The employee can also extend these benefits to their spouse and dependents. However, Section 125 health plans do not include additional benefits of PCMP. […]
Pre-Tax Cafeteria Plans: Your Key to Saving on FICA Taxes
If you’re an employer looking for a better solution than cutting back on benefits—and instead want to save without slicing benefits to the bone—or an employee curious about how to stretch your paycheque further, BrightPath Advantage represents a wiser path. This isn’t a conventional benefits plan. It’s a completely managed, no-fee solution that integrates a […]
How Section 125 Cafeteria Plans Can Benefit Employees Financially?
Introduction: Smart Benefits That Actually Benefit In today’s economy, employees are looking for more than just a paycheck—they want meaningful, cost-effective benefits. But what if employers could offer those benefits without increasing expenses or changing existing health coverage? That’s where BrightPath Advantage comes in. BrightPath helps employers deliver real, pre-tax employee benefits through a modernized […]