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Section 125 Plans
The IRS gives you great advantages to lower your payroll taxes by allowing you to withhold employee benefit premiums on a pre-tax basis. You lower your taxation, your workers comp and ultimately help your employees afford their "dependent" premium. They are easy to setup and very inexpensive.
You can also setup Flexible Spending Accounts to reimburse for out of pocket medical, dental, vision and dependent care expenses. We utilize several highly rated companies to administer Cafeteria plans, including:
o Principal + Ceridian + Conexis + The Guardian
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