Benefit Consulting Group, Inc. (989) 772-4969

Cafeteria/Flex Plan Solutions


Cafeteria/Flex Plan Account Login	Information for Employees	Information for Employers

Attention Employers!
How would you like to be able to give your employees a raise without having to increase your costs at all! In fact, you might even save some money too. By setting up an IRS Section 125 Plan Flexible Spending Account you can help an employee who earns $30,000 each year reduce their taxes by as much as $1,200.

It's like free money!

Employer Benefits

Employee Benefits

Easy to setup and maintain
Lower payroll costs
Lower overhead by outsourcing administration
Offer better benefits to existing employees
Improve recruiting by offering more attractive benefit packages
Enhance employee satisfaction
Benefit Checks come from you, we do the administration
Employers keep the unused portion at the end of benefit year

Reduce taxes and increase take home pay
Pay all approved expenses with pre-taxed dollars
Enjoy the convenience of web based account access

Cafeteria Plan (Definition)

A benefits plan that allows employees to select from a pool of choices, some or all of which may be tax-advantaged. Potential choices include cash, retirement plan contributions, vacation days, and insurance.

Under Section 125 of the IRS code, an employee is allowed to pay for his/her group health premiums, other qualified insurance premiums, un-reimbursed medical costs, child and dependent care costs and more...all with tax-free dollars!

Cafeteria plans are referred to by many names including flexible spending accounts (FSA), choice spending accounts, section 125 plans, and/or reimbursement accounts. Cafeteria plans provide employees with a convenient way to pay for certain expenses with before-tax dollars saving them FICA, federal, and sometimes state taxes. The employer saves on FICA and workers compensation taxes.

A strong cafeteria plan along with your existing benefits program is an important part of corporate strategy for stability and growth. Partnering with the right third party administrator (TPA) makes your task easier and adds value to your company’s program.

Phone: 989.772.4969 / Fax: 989.772.3539

Electronic/Internet Mail Address: benefits@benefitconsulting.com

Website Best Viewed in 800x600 or 1024x768. Designed for Internet Explorer 4 or Higher & Netscape Navigator 6.

This Site Was Last modified: May 01, 2006 at 9:30pm (EST)

Web Site Created & Maintained by Jeremy Tubbs

Web Site Created & Maintained by MicroByte Computers, Inc. and Point-of-Sale Technologies, Inc.

All Copyrights are acknowledges and belong to their respective owners.

Duplication of any information without express written permission is prohibited. Violators will be prosecuted to the maximum extent possible.