How Section 125 Payroll Deductions Can Maximize Your Take-Home Pay

Section 125 payroll deductions are eligible healthcare benefits that employees can choose to deduct from their taxes. This reduces the tax liability of the employer and enhances employees’ take-home pay. Section 125 payroll deduction plan, however, covers limited benefits and offers low benefits compared to the Thrive plan. Employees should explore this plan to avail […]