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Exclusive Insurance and Benefit Plans for Business and Education |
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Employee Benefit Solutions
Premium Only Plan (POP)
With a Premium Only Plan (POP), an employee does not pay FICA, federal or where applicable
state or local taxes on the money used to pay premiums. Therefore, as an
employer you allow your employees to increase their take home pay. With
lower taxable payroll it also allows the employer to lower their payroll
taxes.
To see how this may benefit your company and your employees, please review
our sample worksheet.
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