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 HR Essentials
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 Section 125 Plans
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Section 125 Plans

With CompuPay's Power125â service, choose between a premium-only plan (P.O.P.) or a flexible spending account. Either can provide your employees with an enhanced employee benefits plan. We make both approaches easy to manage, and both can provide substantial tax savings to your company.

Power125â's Flex Plan is a way for your employees to:

  • Set money aside on a pretax basis for health and other employer-sponsored insurance premiums and dependent care services.
  • Save money by paying for expenses on a pretax basis, while experiencing the convenience of direct deposit reimbursement and receipt of funds on a bi-monthly basis. Funds can also be disbursed via check.

By providing this attractive service to your employees, you reduce payroll expenses. This means a FICA tax savings of 7.65% on every participating employee's contribution. And as taxable salaries decrease, so your benefits costs. As you'd expect, CompuPay handles all aspects of the plan from development to implementation to maintenance.

If you would like more information, simply complete and submit our contact us form and a CompuPay representative will contact you shortly.