What Does 125 cash Mean?
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Like a Section of the IRS code, a Section 125 program makes it possible for workforce to take taxable benefits, for instance a cash salary, and convert them to nontaxable Added benefits.
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Segment 125 is part of your IRS Code produced to produce reward plans extra very affordable for employees. Under this code, workforce are permitted to convert a taxable cash benefit (income) into non-taxable Rewards.