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  • Sample Section 125 Plan Document

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SAMPLE PLAN DOCUMENT SECTION 125 FLEXIBLE BENEFIT PLAN Version 05/11 of the Sample Plan Document includes the following changes: Section 8.04 (a) Amended the Eligible Medical Expenses information.

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To start a section 125 benefits plan, employers have to draft a document that outlines the benefits offered, contribution limits, participation rules and other information required by the IRS.

Section 125 plans offer employees significant tax savings and could be an appealing part of any benefits package. While there are lots of benefits you can include in employee packages, one that is often overlooked is a Section 125 plan, also known as a cafeteria plan.

Typically a plan document and necessary forms will cost anywhere from $100-$600 through an attorney or tax advisor. Many payroll providers charge set-up fees as much as $600 but once you have the document you will be required to update as new legislation is available.

Get your written plan today Work at no cost or risk with a certified plan consultant via email or call 1-888-755-3373. Or, go ahead and order your Core 125 plan document package (below) and we'll call you if we have questions on the information you provide us.

Common examples of Section 125 Cafeteria Plans include: Contributions to a Health Savings Account (HSA) Health Flexible Spending Accounts (FSAs) Premium Only Plans (POPs) Dependent Care Flexible Spending Accounts.

With Section 125 Spending Accounts, you can use pre-tax earnings to pay for two types of expenses: (1) dependent day care costs, in or out of your home; or, (2) health care expenses like medical plan co-pays, deductibles, or other expenses that are not covered under your health insurance plan.

Background on Section 125 Requirement Employers with 11 or more full-time employees must either contribute to their full-time employees' health insurance premiums or be annually assessed a fine of no more than $295 per employee.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232