Many small companies simply do not take advantage of tax advantaged programs to help reduce their benefit costs. Programs such as Flexible Spending Accounts (FSA), Health Reimbursement Arrangements (HRA) Dependent Care Accounts (DDC) and Transit Accounts are often inexpensive to set up and maintain.
The IRS Code has numerous provisions designed to help employers provide essential benefits to their employees tax-free. This saves the employee approximately 30% in income taxes on expenses they’re already paying for, and because the employees have reduced their taxable income, the employer realizes a reduced matching payroll tax liability of approximately 8%. Everybody saves money. To take advantage of these tax deductions the IRS requires that the employer have a written plan document and the Department of Labor and ERISA law require that every employee receive a summary plan description (SPD) explaining the new benefit in easy to understand language.
Available Documents Include:
Section 125 Cafeteria Plans
Section 125 Premium Only Plans
Health FSA for Medical Expenses
Dependent Care Assistance FSA
Health Savings Accounts – HSA
Health Reimbursement Arrangements – HRA
Section 105 Self-Employed HRA
Section 132 Transit & Parking plans
ERISA WRAP SPD DOCUMENTS<—–NEW
Sales Pros 4 Hire
Mike Hilbert, President, Sales Pros 4 Hire
Through all my health insurance ups and downs through various degrees of employment, changes, marketplace changes, and medical needs, Ed and his team have kept me informed and sane through the constantly changing process. I honestly don’t know what I would do without them to call on when I am in an insurance panic! Even when they have no financial incentive, they are always there to help me!
Riverside Physical Therapy
Joe Tomasetti, President Riverside Physical Therapy
Dave Margolis, President Damar Communications:
David Fiebert Inc
-David Fiebert, President
The staff at Total Benefit Solutions are knowledgeable and helpful. They've been a great partner to help me navigate health insurance for my senior mother. Anytime I've had a question or concern, Ed has been there to consult with and offer advice.
I highly recommend them! -Deb H
Netstride Internet Solutions
Gregory Tarallo, President Netstride Internet Solutions
Bucks County Women’s Healthcare
Coburn Myers Fastening Systems
Ted Harp, Controller
Jennifer helped me figure out the best health insurance options and made the whole process easy and effortless. Thank you!
-Terry Farber, Elder Law Attorney
Highly recommend. They took the time even when it was the busiest time of year for health insurance. They explained the details patiently to help stream the process painlessly.
Uncle Bill’s Country Market
– Bill Smith, President
Very knowledgeable and experienced.
Ed, you and your team have done it once again. Thanks for taking the time to come onsite and meet with us and our staff to help us understand the new HRA benefit. As always you have gone above and beyond the call. Thank you!
Barry Gerber, President
Zola Makrauer DMD
Excel Capital Funding
Ricky Boone, President-Excel Capital Funding LLC
S&S Sign Company
Gina Seibel, Vice President S&S Signs
BKZ Contractors Inc.
Brian Zeldes, President BKZ Contractors Inc.
Associated Printing & Graphics
A.L. Verna & Company
We thought we had a good broker until we met Ed and the team. They helped us avoid making a mistake that would have cost us thousands more.
Thanks Ed!-Paul Verna, President
Tom & Geri’s World Travel
Tom Mellon, President
Solomon Bread & Rolls/Kaplan’s Bakery
Perfect Move Inc
Bob Simons, Vice President of Perfect Move, Inc.
We are very happy with George's plan - do we need to do anything to renew? Thank you very much for all your help!! I am so glad I found you a couple of years ago!!!! 🙂
I am so grateful for the amazing service!
I was completely lost when looking for new health insurance. I called several brokers, and none would take the time to explain everything to me. He took his time and explained everything to me and answered every question I asked, without sounding annoyed. I am so grateful for the amazing service! I highly recommend! Franklin S
Pete’s Clown House Luncheonette
Prodigy Learning Center
Christine Viteo, R.N. Executive Director, Prodigy Learning Center Philadelphia.
Ed and his team have been great with finding us the right health insurance plans at the right price. He is always available to answer questions and works with us to achieve our goals. -Adam F
Joseph Pintimalli CPP
Simplifi Payroll & HR
" I called with a quick question about my health insurance coverage and your answer saved me over $2600 with one call. You were right. Thanks again for the great advice! "
Jeff G, President Nozak Enterprises, DBA Supercuts
Greater Philadelphia Abstract
Susan Harrison, Principal, Greater Philadelphia Abstract Agency
Beth Sholom Congregation
Harvey Friedrich, Executive Director, Beth Sholom Congregation
Arlene Blosch, President
The MCG Group
Steve Young, Managing Partner
Total Child Care
Chris Handley, Account Executive Savoy & Associates (United Healthcare)
over and above the call of duty
Cardinal International Grooving & Grinding
-Linda Organski, Director of Human Resources
Denis Sinelkov-President Media Components
Ed and his staff have helped my husband and myself with our health insurance for years. Great people to work with and extremely knowledgeable about health insurance and Medicare supplements. - Kathleen B
Stephanie Churchill, President
Superior Commercial Kitchens
Frank Livolsi, President-Superior Commercial Kitchens
Wolf Island Networks
John Rodia, President
They really know what they are doing