November—Personal Risk


Section 125 Cafeteria Plans


Section 125 of the Internal Revenue Code was enacted in 1978. The Section 125 Cafeteria Plan allows employers to offer their employees a choice between cash and a variety of nontaxable benefits. The pre–tax dollar incentive provided by Section 125 offers both the employer and the employee the opportunity to control accelerating health care and other costs while offering greater tax savings for both the employer and the employee.

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A New Way to Access Disability Management Expertise


Today, employers who self-administer their short-term disability (STD) plans often don’t have the resources or expertise to effectively manage these benefits, or to deal with disabilities that are increasingly difficult to diagnose, assess or treat. Diagnoses that are currently subjects of discussion in the medical community, such as chronic fatigue syndrome and fibromyalgia, are increasingly common, and take up a growing amount of a benefit manager's time.

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