FICA Tax Savings with Our Health and Wellness Benefits Plan
Lower payroll taxes. Better employee benefits. No out-of-pocket costs.
Our Wellness Plan is a workplace program that provides employees the opportunity to upgrade their benefits package with an Affordable Care Act (ACA) compliant wellness program—while reducing both the employer’s and employee’s tax burdens.
The plan combines a Section 125 Cafeteria Plan and a Self-Insured Medical Expense Reimbursement Plan (SIMREP) to ensure compliance with IRS regulations, specifically 105(h) and 213(d). Employees participating in the plan can receive reimbursements for eligible medical expenses on an after-tax basis.
It’s a simple way to unlock immediate savings and long-term value for both business owners and their teams.
For the Employer
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$620 FICA tax reduction per participating employee, per year
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Immediate savings and increased working capital
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Boost employee retention, loyalty, and productivity
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Reduce claim costs (average $1,400 savings over 3 years)
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Quick rollout—operational within 30–45 days
For the Employee
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No out-of-pocket costs for covered wellness and supplemental benefits
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Improved mental and physical health
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Access to lifestyle support and clinical care
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Supplemental benefits like FSA card, Universal Life, Short-Term Disability, Accident Coverage, and Critical Illness insurance
EMPLOYER
Lower payroll taxes / increase working capital
Employers save an average $620 in payroll taxes per W-2 full-time employee annually. These savings can be reinvested into operations, growth, or additional employee benefits.
EMPLOYEE
Better benefits with no out-of-pocket and a healthier life
Employees gain access to wellness and supplemental benefits—like FSA cards, life insurance, and mental health support—without any out-of-pocket costs.
GOVERNMENT
Healthy workers and citizens and collection of tax dollars
By promoting preventative care and wellness, the plan reduces public health burdens while maintaining payroll tax contributions to support broader government programs.