Every business leader wants to boost profits without compromising team morale or slashing operational budgets. The good news? You don’t need to cut corners to save money. In fact, one of the smartest ways to increase your bottom line is hidden right in your payroll process.
If you’re looking to reduce payroll taxes legally and effectively, the Elevate+ Plan offers a powerful solution—one that’s fully compliant, automated, and cost-free. Whether you manage a small team or oversee a large workforce, these strategies can help you give more to your employees while spending nothing extra.
The Hidden Cost of Payroll Taxes
Payroll taxes are often one of the biggest expenses for employers after salaries. These taxes—covering Social Security, Medicare, and unemployment insurance—can cost employers thousands of dollars each year per employee. What’s worse? Much of this tax is wasted on expenses that don’t directly benefit your team.
That’s where smart benefit design comes in.
Why Traditional Section 125 Plans Fall Short
Many companies have heard of Section 125 Cafeteria Plans—programs that allow employees to pay for certain expenses (like health insurance) using pre-tax dollars. While this does lower taxable income, it’s often limited in scope and hard to manage effectively.
But Elevate+ isn’t just a Section 125 plan—it leverages Section 125, while also integrating two key components that dramatically expand both savings and benefits:
- Preventive Care Management Plan (PCMP)
- Specialized Insurance Medical Reimbursement Plan (SIMRP)
This unique blend makes Elevate+ one of the most compliant and benefit-rich solutions on the market today.
What Is Elevate+?
Elevate+ is a turnkey benefit plan designed by Elevate Benefits, a company that helps employers modernize their benefits without adding costs or changing what they already offer.
It’s built for today’s workforce: people who want meaningful support, holistic care, and more take-home pay, without the red tape.
“Elevate Benefits was created to help companies deliver more value to their teams, without increasing payroll costs or disrupting what they already have in place.”
Key pillars of Elevate+:
- Section 125 compliance
- Fully managed PCMP & SIMRP
- Fast, automated implementation
- No cost to the employer
- No change to employee take-home pay
How Elevate+ Helps Reduce Payroll Taxes Legally
Here’s how Elevate+ unlocks employer payroll tax savings with zero downside:
1. Reduces Taxable Wages
Employees voluntarily fund Elevate+ through a pre-tax contribution. Because this amount is deducted from gross wages, it lowers your payroll tax liability on each paycheck.
Result:
You save roughly $600 per employee per year—that’s $60,000 per 100 employees.
2. Keeps Employees Fully Whole
Even though pre-tax contributions reduce taxable income, employees actually keep the same (or more) take-home pay—thanks to optimized plan design. Most employees enjoy a 3–4% net paycheck increase, averaging $100 per month.
3. Reduces Healthcare Claims
The built-in Preventive Care Management Plan helps employees manage their health proactively—resulting in fewer expensive claims. On average, employers see a $1,400 drop in claims per employee over 3 years.
4. Delivers Immediate ROI
There’s no waiting. Once implemented, Elevate+ starts generating real-time tax savings while increasing employee satisfaction from day one.
Employer Benefits of Elevate+
With Elevate+, you get more than just a tax break. You get a smarter benefit system that works harder for you and your people.
What you gain as an employer:
- ~$600/year savings per W2 employee
- Zero out-of-pocket cost
- Lower long-term healthcare claims
- Fast 30–45 day rollout
- Improved retention and employee performance
- Immediate bottom-line impact
And best of all? More than 40,000 employees are already enrolled in Elevate+, with high engagement and long-term retention gains reported by participating companies.
Employee Benefits of Elevate+
Elevate + doesn’t just benefit the business—it delivers real, tangible support to every team member.
What your employees receive:
- 3–4% net paycheck boost (~$100/month)
- $0 copay telehealth, mental health, and wellness support
- Mayo Clinic wellness tools & personal health dashboard
- Universal Life, Disability, and Critical Illness coverage
- Spouse and dependent enhancements
There’s no change to their health plan, no reduction in take-home pay, and no new out-of-pocket costs. It’s simply a smarter way to support their total well-being.
Is It Really Legal and Compliant?
Yes—and this is a critical point.
Elevate+ is fully compliant with IRS and Department of Labor guidelines. The plan has been reviewed and structured specifically to:
- Meet IRS Section 125 requirements
- Integrate a compliant Medical Expense Reimbursement Plan (MERP)
- Avoid triggering ACA affordability or discrimination issues
- Offer fully documented employee education and consent
It’s not a workaround or loophole—it’s a modern benefit solution that aligns with the law and optimizes your payroll structure in the process.
How to Get Started
Implementing Elevate+ is quick and hassle-free.
- Timeline: Most employers are live within 30–45 days
- Support: The Elevate Benefits team works directly with your payroll and HR provider
- Effort: Minimal. We handle everything from plan setup to employee onboarding
It’s that simple.
Final Thoughts: Spend Nothing, Give More
If you’re looking to reduce payroll taxes without making cuts or adding overhead, Elevate+ is one of the smartest moves you can make.
It’s not just about tax savings—it’s about transforming how you care for your people while protecting your profit margins.
With zero cost, zero disruption, and maximum benefit, Elevate+ lets you empower your team, reduce financial waste, and future-proof your business.
Ready to Elevate Your Benefits?
Don’t let another pay cycle go by without unlocking savings and support for your business.
Elevate Benefits is here to help you give more, spend nothing, and modernize your benefits—one paycheck at a time.
Book your 10-minute consultation and get a free proposal today