If your employees pay a portion of their group insurance premiums, there's a way to increase their take-home pay and reduce your payroll
taxes at the same time. Section 125 of the Internal Revenue Code allows your New York area business to pay less (FICA) taxes while
reducing the amount your employees pay in federal taxes.
Establishing a Premium Only Plan for your employees allows for their group insurance premium contributions to be automatically deducted
from their salaries before taxes are taken out. An employees taxable income is reduced by the group insurance premium amount
contributed, so your employee pays less in federal taxes, and has more take home pay.
Your business therefore pays less social security (FICA) payroll taxes because your employees pretax income was lowered through the
Premium Only Plan. (For applicable state legislation, consult your business tax advisor.)
Click on the link below to fill out our contact form so we can provide you with additional information on how Section 125 Plans can save both
your small business and your employees money. Or contact us toll free at 1-800-498-1819 to discuss the Section 125 features in more
Section 125 Information Contact Form
We offer reliable and experienced New York group employee insurance services to businesses in the following New York counties and cities: Westchester County,
Putnam County, Orange County, Rockland County, Somers, Port Chester, Harrison, Mamaroneck, Larchmont, New Rochelle, Yonkers, White Plains, Rye Brook,
Scarsdale, Rye, Ardsley, Hartsdale, Bronxville, Mt. Vernon, Mount Vernon, Irvington, Valhalla, Elmsford, Dobbs Ferry, Hastings on Hudson, Greenburgh, Tarrytown,
Sleepy Hollow, Hawthorne, Scarborough, Thornwood, Briarcliff Manor, Ossining, Harmon, Montrose, Crugers, Buchanan, Peekskill, Millwood, Pleasantville, Armonk,
Chappaqua, North Castle, Mt. Kisco, Bedford, Pound Ridge, Bedford Hills, Cross River, South Salem, Yorktown Heights, Goldens Bridge, Amawalk, Yorktown, Katonah,
Salem Center, North Salem, Croton Falls, Jefferson Valley, Shrub Oak, Palisades, Sparkill, Tappan, Orangeburg, Pearl River, West Nyack, New City, Nanuet, Chestnut
Ridge, Montebello, Suffern, Monsey, Spring Valley, Congers, Nyack, Rockland Lake, Wesley Hills, New Hempstead, Pomona, Sloatsburg, Ramapo, Hilburn, Willow
Grove, Mt. Ivy, Thiells, Tomkins Cove, Ladentown, Haverstraw, Stony Point, Tomkins Cove, West Haverstraw, Bear Mountain, Jones Point, Newburgh, Middletown,
Brewster, New York City, and Poughkeepsie, NY. We also offer employee benefits coverage services for your CT or NJ small business.
"Your Local New York Employee Benefits Insurance Agent Specialist!"
Employee Benefits Specialists
Call Us 1-800-498-1819
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With more than 20 years of offering affordable group insurance services to both large
employers and small businesses throughout New York, Connecticut, and New Jersey.
We're an independent insurance agency and therefore able to consistently offer cost
effective group insurance services which are driven by a total commitment to service.