Is 125 Health Insurance Really Pre-Tax?
If you’ve heard the term 125 health insurance plans, you may be wondering what it actually means, and more importantly, whether it really offers pre-tax savings. The answer is yes, but the story goes deeper. A 125 health insurance plan, also known as a Section 125 plan or cafeteria plan, is more than just a […]
Do You Need a Plan Document for Section 125?
If you’re offering a Section 125 benefits program to your employees, having a written Section 125 plan document isn’t just a good idea, it’s a legal requirement. Whether you’re rolling out a premium-only plan or a robust, compliant wellness program like Health Sphere’s Revive or Thrive, documentation is key to staying compliant and protecting your […]