What to Know About Section 125 Plans and W-2 Tax Forms

section 125 pre tax plan

For many employers, the end of the year means W-2 season, a time to reconcile payroll, report benefits, and ensure tax compliance. If you offer a Section 125 pre-tax plan, it’s critical to understand how it connects to your employees’ W-2 forms and what it means for tax savings, benefits, and compliance. In this post, […]

The Advantages of Section 125 Pre-Tax Benefits for Employees

section 125 pre tax plan

The recruitment and retention of talent depends on unique benefits packages thus, employers need practical solutions that provide worthwhile benefits at sustainable prices. BrightPath Group’s BrightPath Advantage program does just that by leveraging a Section 125 pre tax plan together with a Preventative Care Management Plan (PCMP) and a Self-Insured Medical Reimbursement Plan (SIMRP). Traditional […]