Defined Contribution

Commitment to Providing Innovative Solutions
It is no surprise that as a result of skyrocketing rates many companies have begun exploring alternative insurance programs to the “one-size-fits-all” conventional formula packages providing either unwanted or unnecessary employee benefits. Through our premier carrier partners, Benefit Advantage offers employers flexible benefits, combined with tax-savings Section 125 perks, to satisfy your bottom line now and well into the future.

Defined Contribution Alternative
The Benefit Advantage defined contribution alternative let’s employers decide how much they want to contribute to their employees’ and their dependents’ health premiums. Defined contribution alternatives also allow employees to decide which coverage best fits their personal lifestyles and budgets, including such options as paying for richer benefits with pre-tax dollars.

Employer Benefits with Defined Contribution Alternative
Reduction in taxable payroll saves on FICA and other taxes.
Expanded benefits enhance employee welfare and improve morale.
A proven strategy maintains sustained competitive coverage regardless
of rising premiums.
low administrative overhead.

Employee Benefits with Defined Contribution Alternative
Increased take-home pay from reduced premiums.
Reduced employee deductions for FICA, federal, state or local taxes on employer-sponsored plan premiums.
Comprehensive benefits option portfolio.
Reductions on taxable premiums offer partial savings for employees.

Why wait to take advantage of our Defined Contribution insurance alternative?

Call us today to begin enjoying the benefits of choice and lower premium costs right away.