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What Is a Pre-Tax Health Benefit Plan and How Does It Work
A lot of people hear about a section 125 pre tax plan and just nod along, like yeah sure, sounds useful. But then you ask them what it actually does silence. So here’s the simple version. It’s a way for employees to pay for certain benefits using money that hasn’t been taxed yet. That’s it. Less tax taken out, more take-home pay in your pocket. Employers set it up,...
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