Section 125 premiums only plan allows an employer to set up a Premium Only Plan (POP), where an employee's insurance premium contributions can be deducted from his or her payroll on a pre-tax basis. This can save employees up to 40% on income taxes and payroll taxes. The employer also saves on these taxes. Visit us at https://www.coredocuments.com/need-section-125-premium-plan-document/. |
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