Section 125 Plan
The cornerstone of any benefit program is a Section 125 Plan that helps you and your employees maximize your tax saving opportunities. By participating in a Section 125 Plan you can reduce your payroll-related costs, and your employees can increase their take-home pay at the same time.
American Fidelity has established a quality reputation when it comes to our Section 125 administrative services. Whether you currently have a Section 125 program and are simply looking to enhance it, or are interested in setting up a new program, we can help. We provide our expertise in setting up your Section 125 Plan as a premium only plan or coupled with tax savings accounts such as Flexible Spending Accounts.
Qualified Coverage under a Section 125 Plan includes:
- Group Medical Insurance
- Long and Short Term Disability Income Insurance
- Group Term Life Insurance
- Dental Insurance
- Vision Insurance
- Specified Disease Coverage
- Hospital Indemnity Insurance
- Accidental Death and Dismemberment
- Flexible Spending Accounts
- Health Savings Account Contributions