Voluntary/Afinity Benefits

We can often install a voluntary (employee pay all) benefit package using a “125 Plan” for the tax advantages whenever possible. Since these plans are designed to use the employer's payroll deduction system to help the employees buy some portable, affordable (somewhat customized) benefits—they help increase the affinity between the employer and employees. Hence, they are often referred to as “affinity plans”. These plans can include life insurance, accident policies, cancer and dread disease benefits, various disability benefits and legal insurance.