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Section 125
(Cafeteria Plans)
With
such a great variety of retirement plans, an employer can be satisfied
in knowing that their workers’ future is ensured. But what about
expenses incurred now?
With the implementation
of a cafeteria plan, employees can voluntarily set aside a fraction
of their salary for specific expenses. This payroll deduction can
then be used to cover ancillary benefits such as health insurance,
dental insurance, life insurance, disability insurance, and dependant-care
expenses, for those individuals who need child day care.
Employers and
employees save money with the cafeteria plan because the contribution
would be made with pre-tax dollars. Contractors Benefits Service
offers Section 125 Plans through:
-
AFLAC
- Colonial
- U.S. Life
- and Other
fine carriers
Please select
from the links at the right for more details of our services offered...
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