plans eligible for Pre-tax contributions

[Guest Carrie Story]

Does anyone know where I can get a list of plans that are eligible for pre-tax contributions?

I know medical, dental, vision, life to $50k, but I would like a specific list with examples.

Thanks,

Carrie

[SLuskin]

Does anyone know where I can get a list of plans that are eligible for pre-tax contributions?

I know medical, dental, vision, life to $50k, but I would like a specific list with examples.

Thanks,

Carrie

It's more what is not permitted- long term care, cash value life insurance.

What to beware of - pretaxing disability, both short and long term, results in taxable income if disability benefits are received from the carrier.

Most of the "worksite marketing" products can be pretaxed.

[QDROphile]

It IS a matter of what is permitted and what is permitted is listed in section 125 of the Internal Revenue Code and described in the other Code sections that are listed in section 125. The point about disability benefits is well taken because of the unique rules that apply to the taxation of the benefits. In order to understand the rules, you will have to get away, at least temporarily, from the misleading "pre-tax" terminology. You also have to be careful about products that mimic conventional names, but have attributes that cause them to fail the requirements. For example, insurance policies that pay a per diem amount if you are hospitalized look like medical insurance, but do not qualify under the applicable rules. Such products are aggressively marketed (quack, quack) and the sales disclosure may not be the most complete and accurate with respect to eligibility for section 125 plans.