Economic Uncertainty Demands Savvy Expense Management

Learn how to manage rising healthcare costs through Section 125 plans, improve cash-flow with streamlined workers’ compensation and why a
401(k) may be the best retirement solution even in this economy.

May 11, 2009
Sponsored by Paychex

Have any of your clients expressed concern about the long-term impact of the current economic climate? CPAs play a key role in offering practical and timely solutions to help clients cut costs and grow their business, especially during this turbulent time.

Save Money and Manage Rising Health Care Costs Through Section 125 Plans

  • Savings for Employers. A S125 Premium Only Plan (POP) or Flexible Spending Account (FSA) allows businesses to save 7.65 percent in FICA and also reduces taxes for federal unemployment. Thus, employer savings can average seven percent to 10 percent of employees’ contributions and pay for the cost of the plan.
  • Savings for Employees. A S125 POP or FSA decreases taxable income thereby increasing the employee’s take-home pay — a benefit which employees will surely appreciate.

Improve Cash Flow With Streamlined Workers’ Compensation

  • True premium amounts (not estimates) are paid as incurred each pay period with Paychex’s service.
  • Minimal deposit means an easy start when cash flow is tightest.

Save More Money — A 401(k) May Be the Best Retirement Solution

  • Even in this economy — a 401(k) may be the best way to maximize retirement savings (when compared to other plan types), and attract and retain talented employees making your clients’ businesses more competitive.
  • A Paychex 401(k) helps employers save time, increase accuracy and minimize the burden of detailed plan administration with a seamless payroll integration approach.

The future of the economy is anything but certain. Let Paychex help your clients reduce payroll-related expenses! To learn more, visit www.paychex.com.

Paychex is proud to be the named provider for the firm-based AICPA Member Retirement Program, and preferred provider of payroll and retirement plan services for CPAs through the AICPA Business
Solutions Program.