Section 125 Cafeteria Plans in Hanford
Hanford employers include manufacturing, healthcare, dairy support, and the professional offices around the Courthouse Square. All of them can lower payroll taxes with a Section 125 cafeteria plan in California, and most already qualify.
Where the savings come from in Hanford
Every dollar a Hanford employee contributes toward premiums through a Section 125 plan leaves the FICA wage base. The employer stops paying 7.65 percent on it and the employee stops paying income and payroll tax on it.
For a Hanford group with meaningful employee contributions, that is a five-figure annual difference over time.
Premium only plan documents for Hanford employers
The premium only plan is the fastest path. It satisfies the written document requirement, needs no claims administration, and can be effective within days for a Hanford business.
Compliance foundation
The document that legally supports pre-tax deductions on a Hanford payroll.
Testing service
Annual nondiscrimination testing for the Hanford plan.
Restatements
We update the Hanford document when regulations change.
Adding a health FSA for Hanford employees
With deductibles where they are now, a health FSA gives Hanford employees a pre-tax way to cover the first several thousand dollars of medical, dental, and vision costs.
Coordinating Hanford benefits together
The cafeteria plan sits underneath the rest of the package. We align it with the Hanford employer's medical, dental, and disability lines so elections happen once a year in one place.
Section 125 & cafeteria plans near Hanford
We set up Section 125 cafeteria plans and premium only plans for employers across California's Central Valley. Explore a nearby community or return to the main service page.
Cut Payroll Taxes in Hanford
Free consultation for Hanford employers. Section 125 cafeteria plan and premium only plan documents prepared, adopted, and maintained for you.