Why Is a Section 125 Premium-Only Plan a Smart Choice for Benefits?
When it comes to employee benefits, many employers look for a plan that is simple, cost-effective, and truly helpful for their team. That’s exactly what Elevate+ offers. This unique program leverages a Section 125 plan benefits, along with two powerful additions: a Preventative Care Management Plan (PCMP) and a Self Insured Medical Reimbursement Plan (SIMRP). […]
How Do You Set Up and Administer a Section 125 Plan the Right Way?
Setting up a Section 125 plan the right way can help both employers and employees save money and get better benefits. It also helps businesses stay competitive by offering stronger support to their teams. At Elevate Benefits, we go beyond the usual plans. Our program, called Elevate+, includes Section 125 along with extra features that […]
How Can IRS Section 125 Plans Save You Money on Taxes?
Organizations in the contemporary business rivalry seek to establish new ways of reducing costs and increasing employee satisfaction. One way is to make use of the IRS Section 125 plan, also referred to as a cafeteria plan. The IRS Section 125 plan provides employees with an opportunity to spend their benefits outlays using untaxed dollars […]
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 […]