Section 125 allows payment of benefits for employer-sponsored group health insurance premiums, un-reimbursed medical expenses including over-the-counter (OTC) medical products, and dependent care assistance expenses to be made using pre-tax dollars. Qualified benefit payments are received by the Participant through credits and/or salary redirection before…

• FICA taxes all states)
• Federal Income Taxes

This can equate to a 30% savings on all medical and dependent care expenses reimbursed through this program.