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You are now leaving our group benefits site, www.GFBBBenefits.com and going to our securities site www.GFBBAdvisors.com supervised by Questar Capital Corp. Member FINRA/SIPC.

When you finish there, to return to our Benefits site, click the Home link or the GFBB logo.

Click here to continue to www.GFBBAdvisors.com

Group Benefits

 

Cafeteria Plans

One of the most underrated and underused employee benefits available for small businesses today is outlined in section 125 of the U.S. tax code. A section 125 or “cafeteria” plan allows employees to withhold a portion of their pre-tax salary to cover certain medical or child-care expenses. These benefits are free from federal and state income taxes, which lower the employees taxable income. Pre-tax benefits aren’t subject to federal social security taxes thus employers win by not having to pay FICA–or withholding workers’ comp premiums–on those dollars. Cafeteria plans are a win/win for the business owner and employee. Let us help you set yours up today!

 

contact GFBB Benefits.