Section 125 POP/FSA

E-chx's Premium Only Plan (“POP”)
  • Do you want to lower your taxes?
  • Do you want to offer inexpensive employee benefits?
  • Are you interested in giving your employees a raise without affecting your bottom line?
If you answered yes to any of these questions then an E-chx Premium Only Plan, (“POP”) may be the solution for you.

With a POP plan, employees use pre-tax dollars to pay health insurance co-payments.  The benefits are two-fold:
  • By using pre-tax dollars your employees gross taxable income is reduced, which in turn allows them to take home more pay.
  • As an employer you receive a tax saving since you do not have to match the FICA on the difference between the original and adjusted gross.

To start saving today, call 866-875-3513 or click here

 

E-chx's Flexible Spending Accounts (“FSA”)

An FSA plan allows employees to have a specified amount of pre-tax money deducted from their paycheck each pay period.  Employees can then apply these dollars to qualified expenses based on the type of FSA their employer offers. 
  • Medical Flexible Spending Account
  • Dependent Care Spending Account
  • Commuter Spending Account
Benefits of an FSA are similar to that of a POP:
  • By using pre-tax dollars your employees gross taxable income is reduced, which in turn allows them to take home more pay.
  • As an employer you receive a tax saving since you do not have to match the FICA on the difference between the original and adjusted gross.

For more information about how an E-chx FSA can help your business, call 866-875-3513 or click here

 

The set-up went great! The first payroll run was smooth and easy. Any questions I had were handled very promptly and courteously. I am very pleased with my E-chx experiences and have recommended them to several other offices. Thanks for the great product and above all the great service!

- Joanne Davis Practice Administrator Raleigh Ear, Nose, and Throat, Head and Neck Surgery, Inc.