{"id":1295,"date":"2018-07-06T19:09:14","date_gmt":"2018-07-06T19:09:14","guid":{"rendered":"https:\/\/www.sabcflex.com\/devsite\/?page_id=1295"},"modified":"2025-01-27T14:22:04","modified_gmt":"2025-01-27T14:22:04","slug":"plans-and-services","status":"publish","type":"page","link":"https:\/\/www.sabcflex.com\/content\/plans-and-services","title":{"rendered":"Plans and Services"},"content":{"rendered":"

Cafeteria Plans<\/h5>
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IRS code Section 125, allows employers to adopt a plan in which employees, through salary reduction, can pay for eligible benefits and medical or dependent care expenses on a pre-taxed basis. <\/span><\/span><\/p>\n

By allowing your employees to purchase group insurance and other benefits through the company greatly reduces the cost, offering your employees a great benefit for their dollar. In addition, putting those benefits along with other allowed benefit (i.e. Dependent Care and Unreimbursed Medical expenses) under a qualified plan can offer a substantial tax savings for the employee and employer.<\/span><\/span><\/p>\n<\/div><\/section>
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PLAN DESIGN:<\/b><\/span><\/span><\/p>\n

* <\/b><\/span><\/span>Premium Only Cafeteria Plans<\/b><\/span><\/span><\/a><\/u><\/span><\/p>\n

* <\/b><\/span><\/span> Dependent Care Spending Accounts<\/b><\/span><\/span><\/a><\/u><\/span><\/p>\n

* <\/b><\/span><\/span>Unreimbursed Medical Spending Accounts<\/b><\/span><\/span><\/a><\/u><\/span><\/p>\n<\/div><\/section>
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Plan Documentation Preparation<\/div>\n
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