Employee-paid supplemental benefits can be offered on a voluntary basis at no direct cost to you as an employer through a qualified section 125 (“cafeteria”) plan. Because many of these plan premiums can be payroll deducted on a pre-tax basis employees will enjoy a higher net take home pay than if they paid for these plans with after-tax dollars. You as an employer will also benefit in the form of lower payroll taxes so everybody wins.
Examples of these types of supplemental benefits include:
- Accident Insurance
- Short-term Disability Insurance
- Hospital Insurance
- Cancer Insurance
- Critical Illness Insurance
- Dental Insurance
- Flexible spending for qualified medical and dependent day care expenses (nominal administrative fees may apply)
Partnering with industry leaders such as Colonial Life and Aflac, we can offer you the best in benefits, rates, and administration that’s available in the market right now.
Contact us today to help you enhance your employee benefits package and keep your employees happy and better protected.