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Premium Only Plan (POP)Premium Only Plans (“POPs”) allow the employees to pay their share of health insurance premiums with pre-tax dollars. Employees save 25% to 40% depending on their tax bracket and employers save on the matching Social Security (FICA) and Federal unemployment taxes of nearly 8%, and the Ohio workers compensation premium. In many cases, the employer’s tax savings can actually pay for the plan administration!
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Comprehensive Payroll Services Phone: 937-222-2905 | Fax: 937-222-5368
Website designed and hosted by OVMCG |
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