Understanding Section 125 Plans: A Complete Guide
Discover the benefits and options of Section 125 plans and how they can help employees save money on health insurance premiums and other expenses.
1/1/20251 min read
A Section 125 plan, also known as a Cafeteria Plan, is a valuable employee benefit offered by Leonard and Sons. It allows employees to use pretax money to pay for health insurance premiums, dental and vision coverage, retirement deposits, supplemental life or disability insurance, Health Savings Accounts, and various medical or dependent care expenses. In this comprehensive guide, we will explore the advantages and options of Section 125 plans, helping you make informed decisions for your employees' benefits.