Did you know that pre-tax healthcare plans can have big benefits for your small business and your employees? In these video minutes, SurePayroll President Michael Alter will explain the various types of Section 125 plans, including FSAs, HSAs and POPs. You'll learn which type of plan is best for your business and about the eligibility of your employees.
What is a Section 125 Plan? SurePayroll President Michael Alter clues you in to the benefits of Section 125 plans, which can include flexible spending accounts, health care savings accounts and more.
What is a Flexible Spending Account (FSA)? SurePayroll President Michael Alter explains the ins and outs of Flexible Spending Accounts, or FSAs, a type of Section 125 Plan that helps employees save on medical and other expenses not covered by insurance.
What is a Healthcare Spending Account (HSA)? SurePayroll President Michael Alter talks about Health Savings Accounts, or HSAs, which are tax-exempt accounts where funds grow to cover medical expenses.
Pre-Tax Healthcare Benefits: Premium Only Plans (POP) SurePayroll President Michael Alter discusses Premium Only Plans, or POPs, which allow employees to contribute to group insurance programs before taxes are deducted from their paychecks.
