Section 125
   
 

Section 125 plans allow employees to save by paying for benefits with before tax dollars. Your company saves by paying lower matching Social Security and Medicare contributions.

We can provide you assistance in choosing the right company to administer your 125 plan.

   
  Flexible Spending Accounts
   
  One of the biggest challenges of installing a flexible spending account is educating your employees. GBG Consulting has established strategic partnerships with Flexible Spending account specialists. These firms can design your plan, communicate the plan to your employees, enroll participants, and implement and operate your plan.

Your employees are able to pay for out-of-pocket medical expenses and child care expenses with pre-tax dollars. This could mean substantial tax savings.

   

 

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