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The Pre-Tax Cafeteria Plan Explained: A Smart Way to Save More

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A Section 125 spending account is an element of a benefits scheme that lets workers save aside some of their pay before taxes are taken off. You can then utilize this set-aside money to pay for certain out-of-pocket costs. Employees save money each year since the money is taken out of their paychecks before taxes are taken out. This lowers their taxable income. https://fortunebn.com/the-pre-tax-cafeteria-plan-explained-a-smart-way-to-save-more/

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