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Flexplan


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Section 125 plans or cafeteria plans enable employees to pay for certain benefits, and health and dependent care expenses, with pre-tax dollars taken directly from their paychecks.

Guardian's Section 125 plan, Flexplan, offers several types of plans, and our dedicated administrative support enables employers and employees to benefit from significant tax savings.
Premium Only Plans (POP)Enable employees to pay for eligible group insurance premiums, such as medical, dental, and vision using pre-tax dollars. 
Flexible Spending Accounts (FSA)Allow employees to use payroll deducted pre-tax dollars to pay for eligible medical expenses (including co-payments, over-the-counter medications, and more) and dependent care expenses. There are two types of accounts:

  • Healthcare Reimbursement Accounts help offset health care costs. Employees fund their accounts with pre-tax dollars and are reimbursed for qualifying healthcare expenses including medical and dental deductibles and copayments, non-covered services such as chiropractic care, and over-the-counter medications.
  • Dependent Care Reimbursement Accounts work similarly to the Healthcare Reimbursement Accounts. Employees use pre-tax dollars to pay for qualifying dependent care expenses.
Transportation FSA (Section 132)Allows employees to set aside payroll-deducted dollars to pay for eligible transit, parking and van pool expenses related to employment on a pre-tax basis.
For more information on Guardian Flexplan, call your broker or Guardian Group Representative.