Are You Truly Maximizing the Potential of Your Sec 125 Plan?
Most employers offer benefits because they have to. Very few stop and ask a harder question. Are we actually getting everything we can out of our Sec 125 plan? If you are like most business owners or HR leaders, you set up a benefits package years ago, renew it every year, and assume it is […]
Managing 125 Cafeteria Plan IRS Requirements and Payroll Deductions
Most employers like the idea of a Section 125 plan. Payroll tax savings make sense. Better benefits without spending more makes sense. Where things start to feel messy is compliance. IRS rules, payroll deductions, and documentation scare people off before they even get started. The truth is, managing a 125 cafeteria plan IRS compliant way […]