A complement to any employee benefits package, Section 125 plans (named because they operate under Section 125 of the Internal Revenue Act) or Cafeteria Plans (named because participants are given choices on what benefits they take up, similar to a cafeteria where you choose what items you can buy) enable employees to pay for some benefits and non-covered health and dependent care expenses with pre-tax dollars taken directly from their paychecks.
FlexPlan, Guardian's Section 125 plan, includes two options to meet employers' and employees' needs. Our dedicated administrative support enables employers and employees to benefit from significant tax savings.
Premium Only Plan (POP)
POP enables employees to pay for eligible group insurance premiums, such as medical, dental, and vision using pre-tax dollars.
Flexible Spending Account (FSA)
FSA plans 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.
Guardian Anytime, our secure website for Group Benefits plans, offers comprehensive self-service capabilities for employers, their employees and our producers.
