- How will EmployERs benefit? Employers benefit by reducing the matching Social Security and Medicare taxes, and sometimes Federal and State unemployment taxes ...
- How will EmployEEs benefit? Employees save 22.65% to 40% of their pre-tax Section 125 premium deductions in just federal income taxes alone ...
- Who Can Participate in the Shared Benefits Plan? Employees of regular corporations, S corporations, limited liability companies (LLCs), partnerships ...
Shared Benefits Plan
HSA Savings Component Included!
The Shared Benefits Plan™ can save you money by reducing your Payroll taxes and Workers' Compensation costs. It will also increase your employees' take-home pay, allowing you to offer one more value-added benefit to your employees.
EmployER Savings
Employer Benefits using the Shared Benefits Plan (SBP) are:
- Reduced Payroll-related taxes
- Reduced Workers' Compensation costs
- Minimal cost to implement
EmployEE Savings
Employee Benefits using the Shared Benefits Plan (SBP) are:
- Reduced Federal, State & Social Security taxes
- Increased take-home pay
