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Certain eligible expenses such as health insurance premiums, medical and dental expenses and dependent care costs can be paid with pre-tax dollars, saving the employee federal, state and FICA taxes. It is a win-win situation for employers and employees alike!

Reasons to Install a Cafeteria Plan

• Employees appreciate being able to pick and choose benefits most suited to their needs.
• Employees also appreciate the increase in disposable income produced by paying premiums and expenses on a pre-tax basis.
• Employers will save considerable sums through reduced FICA, FUTA and SUTA obligations. Savings will usually cover most, if not all, of the plan administration costs.
• Cafeteria plans provide the employer with a competitive edge and are useful tools in attracting and retaining valued employees.
• Cafeteria Plans provide employees the benefits they want and need in a cost-effective manner.
• Beneflex will provide plan design consulting and enrollment coordination.

To Receive Information on Flex Plans Contact A Representative Now!