Why Is 2025 the Year to Revisit Your Section 125 Cafeteria Plan Strategy?
2025 is the right time for employers to rethink their employee benefits strategy. One of the best places to start is with your section 125 cafeteria plan. But this isn’t just about making small changes to an old plan. It’s about exploring something much better, a smarter, more complete solution. Elevate+ is not any other […]
How Do You Ensure Your Section 125 Plan Documents Are IRS-Compliant?
Offering a strong employee benefits package is a smart move for any business, but it must follow IRS rules to avoid penalties or disqualification. One key area to focus on is your Section 125 cafeteria plan benefits. These plans help employees save on taxes, but only if your documents are set up and managed the […]
What Happens If You Fail to Maintain a Section 125 Plan?
Many employers want to save on payroll taxes and offer better benefits to their team. A Section 125 plan is one option that helps with both. But here’s something many don’t realize, if you fail to maintain your Section 125 plan the right way, it can lead to tax problems, penalties, and even unhappy employees. […]
What Is a Section 125 Plan and How Can It Help Employers Save on Taxes?
Business involves reducing expenses, particularly taxes while offering good benefits to staff. You may have heard of Section 125 plans assisting in tax saving, but what are they? How do these plans benefit employers to save money? In this blog, we will define Section 125 plans in understandable and straightforward terms. We will also provide […]
Is Your Section 125 Plan Compliant with the Latest IRS Regulations?
If your company offers a Section 125 plan, you may assume everything is in place. But the IRS keeps updating its guidelines, and not all plans stay compliant over time. A non-compliant plan can lead to tax penalties and unhappy employees. That’s why it’s important to check if your current plan meets the latest IRS […]
Why Should Small Businesses Consider Starting a Section 125 Cafeteria Plan?
If you are running a small business, you know how important it is to take care of your team while also managing your costs. Offering better health benefits is one way to do both. But health plans can be expensive and confusing. That is why many small businesses are now choosing Elevate+. Elevate+ is not […]
What is a Section 125 Plan? Understanding Benefits and Features
Business owners always try to increase profits while making sure their team members are taken care of. A Section 125 Plan both solves these needs and does not cause any disruption to the company. The firm helps businesses adopt this lesser-known way to cut their payroll tax charges and leave their employees with bigger pay […]
What Benefits Are Included in Health Plans Under Section 125?
Introduction: Why Section 125 Still Matters in 2025 In today’s competitive employment market, offering a robust, cost-effective health benefits package is essential. But traditional health plans often create a financial burden—either for the employer, the employee, or both. That’s where Section 125 comes in. Better yet, that’s where Elevate+ stands apart. Elevate+ isn’t just a […]
How Section 125 Plans Benefit Employers and Employees
Giving your workers benefits that matter to them—benefits that protect their health, help their families, and make their daily lives better—is the first step to making your workplace supportive. But when costs are high and funds are tight, it can be hard for many businesses to offer those kinds of perks. More companies are rethinking […]