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Section 125 Explained: Keep More of Your Paycheck with Pre-Tax Benefits

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Section one hundred twenty five of the Internal Revenue Code might sound like complicated tax jargon, but it offers some thing simple and valuable: a way for employees to store money on taxes. Commonly referred to as a “Cafeteria Plan,” Section 125 lets in workers to pay for positive advantages with pre-tax dollars. That method the cash is taken out of your paycheck earlier than taxes... https://articlewaves.com/section-125-explained-keep-more-of-your-paycheck-with-pre-tax-benefits/

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