With the efficiency by which premium only plans save employers and employees money, It only made sense that our site be equally efficient
South Jordan, UT (PRWEB) December 23, 2011
Taxfreepremiums, with the goal of increasing the ease, clarity, and accessibility of its services, has recently re-designed its main page. Employers seeking to acquire Taxfreepremiums excellent premium only plan (POP) services can now brows, search, and follow its blog while enjoying a new page design rendered with simplicity and efficiency.
Along with a more attractive color scheme and icon layout, the Taxfreepremiums main page now features several new blog posts describing POP and their relevance to the American economy. The new blogs goal is to provide an array of content relating to a broad range of individuals engaged in every aspect of business. In addition, a brief commercial promoting Taxfreepremiums and its uniqueness as a POP service provider was posted with the revisions. The commercial outlines the particular services only Taxfreepremiums provides along with an explanation of the tax savings employees enjoy while utilizing a premium only plan.
The services Taxfreepremiums offers employers relate to the filing, maintaining, and implementing of premium only plans. Premium only plans are a unique cost-saving strategy that allow employees to contribute toward employer sponsored health insurance with tax-free dollars. While using a premium only plan, employee premium contributions are deducted from their pay before regular State and Federal taxes are removed. This simple but effective process dramatically increases employee take-home pay (an average $100-$300 per month) and saves employers 7.65% on matching annual FICA taxes. POP plans have been known to save employers as much as 40% of the cost of sponsoring healthcare.
As a technology driven industry leader, My Compliance Solution, inventor of Taxfreepremiums.com, helps employers, insurance advisers, CPAs, attorneys, and payroll providers get in and stay in compliance. They are the industry leader in Section 125 POP Plan Documents and provide a compliance package through an annual subscription service. This service provides a virtual toolkit with all the documents and a step by step process to get an employer in compliance with IRS and DOL requirements. The service provides automated compliance updates, archived documents, and now, Non-Discrimination Testing Software at a low annual fee. Learn more at http://www.taxfreepremiums.com
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