What is a Section 105 Plan?

Section 105 is a part of the tax code that allows employers to reimburse premiums and/or any health insurance costs tax free to the employees. This part of the tax code has been around for more than 50 years and has been implemented by many large employers, but it is also available to smaller employers. For more information, contact the Internal Revenue Service (IRS) directly or consult your tax attorney.

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