Section 125
Want to pay less taxes, have better healthcare, and spend less time managing your money? A Section 125 Cafeteria Plan is the answer!
How It Works:
- Begin by determining the amount you wish to contribute to your Section 125 account, based on your expected medical expenses.
- Once enrolled, contributions are deducted straight from your paycheck, pre-tax
- Section 125 account funds can be used for many expenses... doctor visits, prescriptions, eyeglasses and contacts, and more
- When you pay out of pocket (deductible, co-pays, etc) our claims system automatically recognizes your expenditure, and direct-deposits funds back into your checking account
- AHP's Section 125 department handles all claims and paperwork, using your contributed funds
- At the end of the year, your taxable income is reduced, but your healthcare expenditures are the same. The result is more money in your pocket!
Just how much money could you save? A person earning $27,000 per year could gain as much as $775 in additional spending income, thanks to the advantages of the Section 125 Cafeteria Plan Administration offered by AHP!
AHP Section 125 Plan Information
- Section 125 Benefits Summary
