Guest ESOPwizard Posted December 4, 1998 Report Share Posted December 4, 1998 What would be the tax savings from having a 125 plan, and would it be more cost effective to not have one and give employees slightly higher benefits? Link to comment Share on other sites More sharing options...
Lisa Hand Posted December 5, 1998 Report Share Posted December 5, 1998 With a Cafeteria Plan, the employees save state, federal and FICA on every dollar and the employer saves FICA. As to the second portion of your question, it is hard to answer without more informaiton about your organization and its demographics. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now