Section 125 Qualifying Events Explained Without The Usual HR Nonsense
Code section 125 sounds like something written to confuse people on purpose. Honestly, it kind of was. The whole idea behind code section 125 is simple though. It lets employees pay for certain benefits with pre-tax dollars. Health insurance, FSAs, dependent care. Stuff people already need. The IRS just wrapped it in legal language and called it a day. If you’ve ever looked at your...
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