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Group Insurance Products - Section 125
Did you know that a Section 125 Cafeteria Plan is designed to help employers and their employees make the most of tax savings? In its simplest form, a Section 125 allows eligible employees to redirect a portion of their salaries to pay for qualified benefits through pre-tax salary reduction rather than with after-tax dollars.
Section 125 Cafeteria Plans may include the following benefits:
- Term Life
- Hospital Confinement
- Specified Disease
- Flexible Spending Accounts (FSA)
- Dependent Care Expense Accounts
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