A comprehensive employee benefit package often exceeds in cost what most employers are willing or able to pay. With the increasing awareness of rising healthcare many employers have adopted an IRS approved benefit plan that helps employees save 25% to 40% on the cost of healthcare.

We are proud to assist you in establishing your own tax-saving 125 Cafeteria plan.

When employees participate in your plan, each employee reduces his or her taxable wages. As a result, payroll and associated expenses are less. For example:

• A reduction in the employer matching portion of FICA (Federal Insurance Contributions Act) tax;
• A reduction in the employer paid portion of FUTA (Federal Unemployment Tax Act) tax;
• In some instances a reduction in workers' compensation insurance costs.

An employer who establishes a 125 Cafeteria plan can, among other things, realize the following:

• The ability to expand employee benefits;
• Employee appreciation of your enhanced benefit package (Surveys prove that employee benefit packages are a major factor in successfully hiring and keeping quality employees).

The “Signature Ready” POP Kit provides the following:

• Plan Document
• Summary Plan Description for distribution to employees
• Election forms since, all employees must be given the opportunity to participate, election forms are required.
• Educational brochures for employees
• Video that explains the POP plan
• Instructions for plan maintenance

Quite possibly nothing! As a part of your services package, we are able to help you establish a 125 Cafeteria POP plan at no cost through a specially-prepared kit. It takes just a few minutes to explain.

Tine nationally recognized accounting firm of Mayer, Hoffman, McCann provide a toll-free hotline for any questions that may arise and website: http://www.mhmresources.com