PEO Supplemental Benefits
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Section 125 Plan
The Section 125 Plan works by reducing an employee’s medical premiums from their gross salary prior to calculating federal income and Social Security taxes, thereby providing tax savings to the employee.
Life Insurance
Life Insurance offered by PEOs can be less expensive than buying it individually and often does not require evidence of insurability.
Accidental Death & Dismemberment Insurance (AD&D)
AD&D insurance is a very popular offering amongst PEOs that offer Life Insurance. It provides an extra layer of catastrophic coverage for employees.
Short Term Disability Insurance (STD)
Short-Term Disability Insurance is a popular benefit as it compensates a worker who becomes disabled on or off the job. “Short-Term” refers to its coverage period, which can often end within 6 months after an injury.
Long Term Disability Insurance (LTD)
Long-Term Disability Insurance is a popular benefit as it compensates a worker who becomes disabled on or off the job. “Long-Term” refers to its coverage periord, which often doesn’t begin for 6 months after an injury.
