Section 125 Plans

When your employees are required to contribute to the premiums you pay for your group medical and dental coverage, a Section 125 Plan (sometimes called Premium Only Plans, or POP’s) can help reduce their taxes by making their portion of the premium pre-tax, by taking out the contribution before taxes are calculated.  The employer also benefits through lower payroll taxes.  These plans are easy to implement and inexpensive to maintain.

We can help you establish a POP plan if your employees are required to contribute to their and/or their dependents’ group insurance premiums.