Maintaining Section 125 Compliance: A Simple Guide for Employers
Introduction A Section 125 plan provides valuable tax benefits, but staying compliant with IRS regulations is essential to maintaining those benefits. For employers, ensuring compliance may seem daunting, but understanding the key requirements and best practices can make the process easier. This guide offers practical steps to help employers keep their Section 125 plan compliant […]
What’s Section 125? A Guide to Pre-Tax Benefits for Employers and Employees
Introduction Section 125 plans, commonly known as “cafeteria plans,” have become a popular way for employers to offer valuable benefits while saving on taxes. But what exactly is Section 125, and how does it benefit both employees and employers? In this guide, we’ll cover the basics of Section 125, why it’s so beneficial, and what […]