Through American Fidelity Assurance Company, PAA provides installation
of Section 125 plans. Under Section 125, the employees' portion of insurance
premiums can be purchased with pre-tax dollars, lowering the employees' federal
withholding, state, local and FICA taxes. The employer also saves matching FICA
taxes. The most important aspects of setting up payroll under Section 125 are proper
documentation, regular reviews and updates. American Fidelity is PAA's recommended administrator for Section 125, providing all necessary documents and services at no additional cost to association members.
For more information, call 1-800-222-8712, email PAA Insurance, or contact your Regional Manager.