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More than 1 Section 125 plan


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Guest Jennyb473
Posted

Can an employer have more than 1 Section 125 plan by different providers at the same time?

Posted

Yes, but for most purposes the arrangements would be treated as a single plan. The multiplicity can create a lot of complexity to be managed. If you are talking to someone who is trying to sell you AFLAC products, they are probably not giving you a complete picture and they are probably not competent to give you a complete picture.

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