Cafeteria Plans (Section 125 IRS Code)

Cafeteria plans are one of the most simple and effective ways to reduce your payroll taxes and workers compensation costs. This IRS-approved plan allows you to implement a simple change in your payroll process by using pre-tax salary dollars to pay the employees' share of the premium for their benefits. Any size employer can take advantage of this special provision of Section 125 of the IRS code. Your employees reduce their taxable income and you cut payroll taxes. Everybody wins and saves.

Our consultants will explain all of the benefits of a cafeteria plan and provide a solution that fits your business.