The North American Division (NAD) provides pre-tax benefits through a Section 125 Cafeteria Plan program. The term Section 125 refers to a section of the Internal Revenue Code. Section 125 programs allow employees to save taxes on money they pay toward their group sponsored health plans.
Employees can save on their payroll deductions as the premium is withheld from their pre-tax dollars. Employers can save on reduced payroll taxes for their employees.
All regular full time denominational employees are eligible to set aside pre-tax dollars, through payroll deductions, to spend on FSA's (un-reimbursed medical, dependant care), Premium Only Plans and other AFLAC products.
Flexible Spending Accounts (FSAs)Currently through AFLAC
FSA's allow an employee to use pre-tax dollars to pay medical bills not covered by insurance, as well as dependent care expense.
