Understanding Sec 125 A Complete companion to IRS Code Section 125
When it comes to hand benefits and duty savings, IRS Code Section 125 plays a significant part in helping both employers and workers manage healthcare and related charges more efficiently. Generally appertained to as a “ cafeteria plan, ” sec 125 allows workers to choose from a menu of good benefits and pay for them withpre-tax bones. This structure reduces taxable...
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