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Section 125 Program: Flexible Benefits for Tax Savings

A Section 125 program allows employees to pay for eligible benefits using pre-tax dollars, reducing their taxable income and increasing take-home pay. This flexible benefits plan typically includes options like health insurance premiums, flexible spending accounts, and dependent care assistance. Employers also benefit from lower payroll taxes and improved employee satisfaction. Implementing a Section 125 program helps businesses attract and retain talent while providing valuable financial and tax advantages for both employers and employees.<br><br><br><br><br><br><br><br><br><br>

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Section 125 Program: Flexible Benefits for Tax Savings

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