New York Section 125 Services - Premium Only Plan (also NJ & CT)
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 policy features in more detail.
We offer affordable group employee benefit services to businesses in the following New York
counties and cities: Westchester County, Putnam County, Orange County, Rockland County,
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, Somers, 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, and Poughkeepsie, NY.
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Employee Benefits
Section 125 Plans
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"Over 15 Years
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Direct Access
Group Benefits, Inc.
340 Route 202
Somers, New York 10589
Toll Free: 1-800-498-1819
(914) 276-6000
Fax: (914) 276-6002
"Your Westchester County
Small Business Employee
Health Insurance Agent"
We also offer affordable group employee benefit services to businesses in the following
Connecticut counties and cities: Fairfield County, Stamford, Norwalk, Greenwich, Darien,
Riverside, Belltown, Springdale, Round Hill, Old Greenwich, East Norwalk, New Canaan,
Glenville, Byram, Cos Cob, Mianus, North Stamford, Glenbrook, Wilton, Weston, Long Ridge,
Noroton, West Norwalk, Westport, High Ridge, Southport, North Wilton, Winnipauk,
Cannondale, Turn of River, South Wilton, Lyons Plains, Georgetown, Ridgefield, Branchville,
Redding, Topstone, Ridgebury, Redding Ridge, Branchville, Dodgingtown, West Redding,
Titicus, Hattertown, Bethel, Danbury, New Fairfield, Newtown, Hawleyville, Botsford, Monroe,
Bridgeport, Stepney, Shelton, Huntington, Upper Stepney, Long Hill, Trumbull, Stratford,
Easton, Fairfield, Greenfield Hill, Stratfield, Nichols, Oronoque, Rivercliff, Devon, Lordship,
and East Bridgeport, and New Haven, CT.
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