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 ...

Employers that permit employees to pay for certain benefits, such as health coverage, on a pre-tax basis under an Internal Revenue Code Section 125 plan (also known as a “cafeteria plan”) may be ...

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 ...

As employers and employees adjust to the changes caused by this unprecedented global pandemic, preserving access to and protecting elections under group health and welfare plans are hot topics on many ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. We don’t know which employer was the first to offer a ...

Editor’s Note: IRS Notice 2022-41 changed the rules governing mid-year election changes and cafeteria plans in light of the final regulations that fixed the so-called “family glitch” under the ACA.

JOHN G. SIMMONS, JD, LLM, is an attorney in private practice in Idaho Falls, Idaho. His e-mail address is john@law.com . mall employers often face the difficult task of providing benefits to employees ...

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 ...