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

E-chx has handled our weekly payroll for several years, and the employees have always been very courteous and competent. Our E-chx contact person, Kathy, is always happy to answer any questions that I may have.

If asked, I would definitely recommend E-chx as the Payroll company to use.

- Marlene Bartlett Lakeside Builders & Developers Inc

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