Cafeteria plans give the freedom to Employers to offer Employees and Covered Dependents multiple choices in health care benefits (Medical, Dental, Vision, Life, Prescription Drug and Flexible Spending Accounts) on a pre-tax basis.  Employees’ salary contributions are redirected into non-cash benefits, again escaping Federal, State and Local income taxation, including Social Security.

Section 125/129 Plans

Premium Only Plan

• Employee contributions for group insurance coverage (premiums).
• SecureOne provides proper legal documentation:
  • Annual Salary Reduction Agreement
  • Plan Document
  • Summary Plan Description

Flexible Spending Accounts

• Health Care Reimbursement Accounts for unreimbursed medical, dental, prescriptions and vision. Click for a list of eligible expenses.
• Dependent Care Spending Account for child or adult care expenses.
• Guidelines for Submitting FSA Claims shows procedures to use when submitting a claim for a Health Care or Dependent Care Spending Account.
• Debit Cards available

Transportation Benefit

The Transportation Plans work well when a company's workforce has high transportation needs, where employees have to pay for parking where they work and/or many employees are transit commuters, whether by bus, train, boat or van pool. Qualified transportation benefits include:

• Transit Passes
• Van Pooling
• Qualified Parking

This benefit has monthly maximums that are set by the federal government.

Documentation
SecureOne provides the employer and participating employees with all required legal documentation and reporting for Section 125/129 Plans.

For all Section 125/129 Plans, employees have an option to have direct deposit to their bank account when a check has been issued.

Debit Card

We are excited to announce that we are now offering the Benny™ Prepaid Benefits Card, developed by Evolution Benefits, the leader in innovative payment services, with our administrative program for Flexible Spending Accounts (FSAs), Health Reimbursement Accounts (HRAs) and/or Health Savings Accounts (HSAs). Benefits cards have been around for almost 10 years and there are over 6 million cards in circulation today. And now, based on the recent IRS ruling, more and more mass merchants and retailers are making it very convenient for customers to use benefits cards in their stores without the need to submit receipts.