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Section 125 Plan Information - Pennsylvania / NJ
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If your employees pay a portion of their group insurance premiums, there's
a way to increase their take-home pay and reduce your payroll taxes at the
same time. Section 125 of the Internal Revenue Code allows your New
Jersey or Pennsylvania business to pay less (FICA) taxes while
reducing the amount your employees pay in federal taxes.
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Establishing a Premium Only Plan for your employees allows for their
group insurance premium contributions to be automatically deducted from
their salaries before taxes are taken out. An employees taxable income is
reduced by the group insurance premium amount contributed, so your
employee pays less in federal taxes, and has more take-home pay.
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Your business therefore pays less social security (FICA) payroll taxes
because your employees pretax income was lowered through the Premium
Only Plan. (For applicable state legislation, consult your business tax
advisor.)
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Click on the link below to fill out our contact form so we can provide you
with additional information on how Section 125 Plans can save both your
small business and your employees money.
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We are a Rydal, PA insurance agency offering group employee benefit insurance plan premiums and services
for small business located in the following Pennsylvania counties and cities: Montgomery County, Philadelphia
County, Delaware County, Chester County, Bucks County, Lehigh County, Berks County, Lancaster County, York
County, Emmanus, Hellertown, Whitehall, Cetronia, East Texas, Lanark, Dorneyville, Wagnersville,
Catasauqua, Walbert, Farmersville, Stiles, Friedensville, Mechanicsville, Hanover, North Catasauqua,
Stroudsburg, Springfield, King of Prussia, Woodlyn, Chester, Norwood, Ridley Park, Prospect Park, Folcroft,
Darby, Swarthmore, Drexel Hill, Rutledge, Yeadon, Upper Darby, Secane, Milmont Park, Garden City, Wallingford,
Morton, Aldan, Primos, Pilgrim Gardens, Colwyn, Lester, Essington, Eddystone, Landsdowne, Fernwood,
Milbourne, Havertown, Broomall, Penn Wynne, Merion Station, Wynnewood, Haverford, Penn Valley, Bala-Cynwyd,
Ardmore, Rosemont, Overbrook, Belmont Hills, Villanova, Rebel Hill, Gulph Mills, Gladwyne, Conshohocken, Kings
Manor, Swedeland, Swedesburg, Bridgeport, Norristown, Lafayette Hill, Plymouth Meeting, Erdenheim, Oreland,
Flourtown, Ardsley, North Hills, West Conshohocken, La Mott, Cheltenham, Melrose Park, Elkins Park, Glenside,
Wyncote, Roslyn, Abington, Huntingdon Valley, Hatboro, Meadowbrook, Jenkintown, Hollywood, Rockledge,
Somerton, Bustleton, Torresdale, Holmesburg, Tacony, Kensington, Feltonville, Frankford, Olney, Andalusia,
Cornwells Heights, Bridgewater, Croydon, Bensalem, Nottingham, Bristol, Edgely, Newportville, West Bristol,
Strafford, Devon, Berwyn, Port Kennedy, Newtown Square, Gradyville, Cheyney, Concordville, Narberth, Milltown,
Westtown, Trainer, Marcus Hook, West Chester, Lancaster, York, Reading, Allentown, Bethlehem, Pottstown,
Coatesville, Kulpsville, Warminster, Montgomeryville, Levittown, Valley Forge, Malvern, Green Tree, Paoli, Devault,
Chatwood, Goshenville, Sugartown, Glenloch, Chester Springs, Audubon, Eagleville, Evansburg, Worcester, Blue
Bell, Center Square, Fort Washington, Philadelphia, Doylestown, Chalfort, Quakertown, Perkasie, Sellersville,
Soudertown, Willow Grove, Warrington, Morrisville, Ambler, Lower Gwynedd, Washington Crossing, New Hope,
Richboro, Feasterville, Southampton, Langhorne, Holland, Newtown, and Yardley, PA.
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Pennsylvania Group Health Insurance Services
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PA Group Insurance, LLC
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"We are your Pennsylvania
Group Health Insurance Agents"
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**The information, pictures, and other content in this website about particular insurance services is only provided for
informational purposes. Any decisions regarding your insurance needs should be discussed with a licensed insurance
agent.
Please be advised that insurance coverage cannot be bound, changed or confirmed via voicemail, email, fax or online at
the agency's website. You must speak directly with a licensed insurance agent.
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Section 125 Plans
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