BizPower Benefits
I am a Business Services Consultant for BizPower360. We connect businesses to an incredible payroll tax savings program.
If there was a way I could show you… How can you save money on your company payroll taxes while enhancing employee benefits at no cost?
Would you be open to learning more?
Big Employee Benefits News!
BizPower Benefits can enhance existing employee benefits offerings at no cost to the employer or employees and is tied to a 100% compliant employer payroll tax (FICA) savings that can save a business thousands of dollars.
The Problem of Rising Healthcare Costs
We all know that rising healthcare costs have been out of control for way too long, and alternatives are needed.
The “high cost” of providing healthcare benefits has brought the “need” for alternatives to the forefront.
BIZPower360 has partnered as a broker with an established Employer Benefit provider to raise awareness of a 100% compliant employee Wellness Plan tied to an underutilized tax incentive.
𝗟𝗲𝘁 𝗺𝗲 𝗮𝘀𝗸 𝘆𝗼𝘂 a 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻.
What if you could give your employees a bolt-on robust wellness program that complements your existing benefits, which includes Telehealth / Telemedicine (24/7 Doctors / Nurses) with no copay and also provides about $150 a month for your employees to spend on voluntary benefits like Accident, Critical Illness, and Life Insurance?
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This wellness program could easily be added to your existing Employee Benefits at no net cost to the employer and does not reduce the employees' take-home pay.
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What would you say if you were told that because you gave your Employees this 100% compliant wellness program, your company would qualify to save money through a federal tax incentive, saving your company, on average, $550 per employee per year on payroll taxes?
Let me Explain How this works.
The 2014 Affordable Care Act (ACA) contains a provision allowing any company with W2 employees to receive a payroll tax (FICA) reduction incentive if it implements a qualified “Health & Wellness” program.
It is called a SIMRP, which stands for Self-Insured Medical Reimbursement Plan.
Have you heard of SIMRP?
The SIMRP Program is a participatory preventive care management program designed to help employees improve their physical and mental health. This innovative cost-saving strategy is made possible by a set of tax codes in the Affordable Care Act (ACA).
BizPower360 offers a SIMRP plan called BizPower Benefits.
Our BizPower Benefits plan meets all the requirements for compliance with the ACA SIMRP rules and offers payroll tax (FICA) savings for the employer with great benefits for employees.
Our BizPower Benefits plan is the only employee benefits program that pays your company in real bottom-line dollars. It does not cost the business, and it does not impact employee paychecks.
BizPower Benefits allows employers to add additional benefits to their employer-provided benefits package at no cost to the employer.
BizPower Benefits also gives employees money to spend on medical plans outside the purview of traditional health insurance plans that the employer may provide.
BizPower Benefits Program Summary
A. BizPower Benefits can significantly enhance a company's financial performance and employee satisfaction.
B. BizPower Benefits provides substantial payroll tax savings without impacting employees' take-home pay while enhancing their benefits.
C. BizPower Benefits is a tailored health and wellness solution that seamlessly integrates into a business’s existing benefits package offering without any initial investment.
For more information, please visit our website:
https://payrolltax.solutions/