Craig Anthony, CFA, is the founder and CEO of the Craig Anthony Group LLC. He is also an Investopedia contributor and published author. Thomas J Catalano is a CFP and Registered Investment Adviser ...

With the tax savings it offers, a Section 125 plan can be a nice addition to a benefits package. Here are the pros and cons ...

It’s common for employers to require employees to pay a share of premiums for many employee benefits. To take a bite of this cost-sharing requirement, many employers permit employees to pay for their ...

Section 125 cafeteria plans are relatively easy to set up and are extremely beneficial to both employers and employees, but they should not be considered “set-it-and-forget-it plans.” An increase in ...

A recent memorandum from the IRS Office of Chief Counsel serves as a helpful reminder to check in on cafeteria plan administration and ensure all processes—including claims substantiation for medical ...

WASHINGTON - Experts told a Subcommittee of the House Small Business Committee today that millions of American small business owners and employees are barred from using a popular provision of the tax ...

The structure and operation of Section 125 plans — which allow employers to offer certain benefits on a pre-tax basis — is one of the hardest things for employers to master. So, I thought it might be ...

The Section 125 Plan Document Package includes: The Premium Conversion Plan Document Documents are personally prepared for each client. Document should be accepted and signed by an Officer of the ...

On May 12, 2020, in Notice 2020-29, the IRS substantially relaxed and simplified cafeteria plan election-change and grace-period rules. Notice 2020-29 permits employers to adopt one or more of the ...

As part of its ongoing response to the COVID-19 outbreak, the IRS has released new guidance (Notice 2020-29) providing temporary increased flexibility with respect to mid-year election changes for ...

The new Massachusetts Health Care Reform Law, which takes effect July 1, significantly changes the landscape of health insurance in Massachusetts. The law is designed to increase access to health ...

BRADENTON, Fla., June 16, 2020 /PRNewswire/ -- The COVID-19 pandemic has employers looking for ways to help employees through group health insurance and FSA disruptions caused by furloughs, reduced ...