Section 125

Section 125, a provision of the internal revenue code, is a federal tax-qualified program that allows qualified insurance benefits to be purchased with before-tax dollars resulting in tax savings for both employers and employees.

Benefits that qualify under section 125 plans are clearly defined by the internal revenue code and include but are not limited to the following:

    - Long & short term disability income insurance
    - Medical expense reimbursement
    - Dental and/or vision insurance
    - Cancer expense insurance
    - Group term life insurance for employees to $50,000 face amount
    - Accidental death insurance
    - Dependent care expense reimbursement
    - Group medical insurances such as hospitalization
    - Other medical coverages such as hmos

Plan Highlights:
  • Reduces the employers’ payroll related costs
  • Normally the employee sees an increase in their take home pay
  • Increases benefit packages without added costs to employer
  • Helps employees receive the most for their money by allowing them to select Only the benefits they need

.: Back to Services  |  Request a Quote :.