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SECTION 125 FLEXIBLE BENEFIT PLAN ADDRESS CHANGE FORM Employer Name: Last four (4) digits of your Social Security Number: Employee Name: Phone Number: Former Street Address: Former City / State /
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What is section 125 flexible benefit?
Section 125 flexible benefit allows employees to choose between taxable cash compensation and a variety of nontaxable benefits. This can include health insurance, dependent care assistance, and more.
Who is required to file section 125 flexible benefit?
Employers offering a section 125 plan are required to file and maintain records of the plan.
How to fill out section 125 flexible benefit?
Employees need to carefully review the options available to them and select the benefits that best suit their needs. Employers may provide assistance in the enrollment process.
What is the purpose of section 125 flexible benefit?
The purpose of section 125 flexible benefit is to allow employees to save money on taxes by using pre-tax dollars to pay for certain benefits.
What information must be reported on section 125 flexible benefit?
Information such as the employee's elections, contribution amounts, and any changes to the plan must be reported on section 125 flexible benefit.
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