As part of
our continuing commitment to provide our clients with the broadest possible choice
of vehicles for tax-favorable treatment, Benefit Management Inc. provides third-party
administration of Internal Revenue Code Section 125 Employee Benefit Plans.
These plans, also known as Cafeteria Plans, allow employers to realize substantial
tax savings and at the same time serve to attract and retain employees by
offering a wide range of customizable benefits. The concept is simple: use payroll dollars that
employees are already spending on
health and dependent care to provide a tax-free array of premium conversion and flexible
spending accounts (FSAs).
This program, when combined with Benefit Management Inc.'s
administrative expertise, produces an extraordinary "win-win" for both employers and
employees, offering employers the rare opportunity to provide a high-value benefit
with a positive impact on profitability.
Follow the links below to learn more. All
forms are in .pdf format. Adobe Reader is available free; click
here if you need this program.