Premium Only Plans

With a Premium-only Section 125 plan, employees increase their SPENDABLE income by having health, dental, or other premiums deducted from gross pay before taxes are calculated.

Employers reduce FICA Social Security matching, FICA Medicare matching, and Federal Unemployment taxes on the amount deducted before gross pay.

FlexChecks Premium Only Plans (POP's) come complete with all the legal documents, testing, and tax filing necessary for a successful, efficient plan. These plans can usually be set-up within one week!