Section 105 of the IRS code allows small business owners to pay for medical expenses tax-free. With a Section 105 medical reimbursement plan, an employer can reimburse an employee for medical and insurance expenses. >> Read more.
This article provides an overview of Section 105 Plans including advantages, administration options, and how Section 105 Plans work. >> Read more.
For small businesses using a Section 105 Medical Reimbursement Plan to reimburse employees for individual health insurance premiums, a common question is "can an owner participate in the Section 105 Plan?" >> Read more.
This article examines why it's better to use a Section 105 plan post-2014. >> Read more.
Here are the top three questions from small business owners about setting up a Section 105 Medical Reimbursement Plan. >> Read more.
It's becoming mainstream for small employers to offer defined contribution allowances instead of offering a small group health insurance plan. The most common way to set up the allowances is with a limited-purpose Section 105 medical reimbursement plan. So, what types of health insurance premiums can a Section 105 plan reimburse? >> Read more.
A Section 105 Plan allows tax-free reimbursement of medical and insurance expenses. The Section 105 Plan Document describes the terms and conditions related to the operation and administration of the Section 105 Plan. >> Read more.
A common question from business owners and one-person nonprofits is "am I eligible to participate in the Section 105 plan?" This article reviews Section 105 owner participation for various types of owners. >> Read more.
The easiest way to offer health benefits today is with a Section 105 "Pure" Defined Contribution Plan. With the right Section 105 Software, employers can record tax-free health care reimbursements via their existing payroll service (e.g. Paychex, ADP, QuickBooks, etc.). >> Read more.
This article outlines Section 105 plan rules and requirements. >> Read more.
This article outlines ten questions to ask when researching Section 105 Providers. >> Read more.