Health   Dental   Vision   Life   AD&D   Short-Term Disability   Long-Term Disability   Long-Term Care   401(k)   403(b)   Cash Balance   529 College Savings   Key-Man   Buy-Sell Agreement   Non-Qualified Retirement   Group VUL   Flexible Spending Accounts   Dependent Care   Transit Plans   State Continuation   COBRA Administration   Payroll   Online Enrollment   HRIS  Wellness   Predictive Modeling

(Section  132)

A Section 125 plan can also be use to fund a Mass Transit Plan and a Parking Plan.  Both plans can be funded up to $230/month and be adjusted periodically.  These are two different plans; therefore the funds in each cannot be commingled. 

Unlike the FSA and Dependent Care FSA plans, unused funds in the current plan year may be carried over in to the new plan year if the company continues the plan.

For more information, please contact Bridgeport Benefit Advisors.

Click to Replace

The material on this page is intended as general descriptions of the concepts presented.  It is for educational purposes only and it not intended to provide specific financial or tax advice.  These descriptions cannot take into account your specific conditions and situation including the data required for underwriting purposes, financial circumstances, risk tolerance, and other factors.