Tax Benefit Strategies
Reduce Payroll Taxes by 7.65% with Section 125 Plans
We help franchises and businesses with 100+ employees save tens of thousands—or even hundreds of thousands—in payroll taxes every year through Section 125 cafeteria plans. Our pre-tax healthcare benefits increase employee paychecks, reduce your FICA and FUTA tax burden, and cost you absolutely nothing out of pocket.
These payroll tax savings are realized every time you run payroll—averaging $550 to $750 per employee annually.
Sound too good to be true? Section 125 plans have been part of the IRS tax code since 1978. Let's talk about how much you can save.
How Section 125 Cafeteria Plans Reduce Payroll Taxes
Our Section 125 cafeteria plan with hospital indemnity insurance allows employees to pay for qualified healthcare benefits with pre-tax dollars. By lowering your employees' taxable income every pay period, you also reduce your employer payroll tax expenses—including FICA (Social Security and Medicare), FUTA, and state unemployment taxes. Employees take home more money, and you save an average of 7.65% on payroll taxes for every participating employee.
It's a win-win-win for everyone. Ready to see your potential savings?
Estimate my Savings
Your savings on this program will be immediate when you run your first updated payroll. The money never leaves your bank account.
Let's say you're a franchisee with 225 employees between all your locations and you pay bi-weekly. Of those 225 employees about 80% will sign up - 180. Your yearly savings per employee is about $580+/-. So, let's do the math.
180 Employees * $580/year / 26 Pay Periods = $4000
That's $4000 PER PAYROLL, 26 times a year. Immediate savings. The payroll you ran last week? It can be $4000 lower next time.
Use the calculator on this page to see how much you'll save on this program.
Ready to talk?
Set up a meeting with one of our strategy advisors and hear the full story. If you're interested, they can tell you to the dollar just how much money you can save EVERY PAYROLL CYCLE. These savings are immediate. We've helped hundreds of franchisees and business owners save THOUSANDS every month.