What is a section 125 plan?
Section 125 refers to the section of the internal revenue code that allows employers to provide employees with a choice between cash and certain qualified non taxable benefits. Tune in to this episode of Comply on the Fly to better understand the basics of Section 125 plans.
Turn to M3 and Karen B. (Breitnauer) for quick and timely answers to the most common employee benefits compliance questions.
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Please note: This podcast and the contents herein do not constitute legal advice. Seek the advice of counsel for any benefit compliance related implementation guidance or strategy.