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Your
groups can be saving their employees 15–40% of their
premium contribution for their insurance benefits.
A Premium Only Plan (POP)
offers your group and their employees great tax benefits! It allows
your group to offer a tax-favored option to their employees and at the same
time lower your group's payroll taxes. A POP plan doesn't really
create new benefits, instead under IRS Section 125, it allows employees to
pay any premium contributions for certain employee benefits with pre-tax
dollars.
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Here's
how it works:
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Allied provides the required tax documents and assistance, free of charge, when you sell an Allied group health
plan or large ancillary group (26+). For smaller
ancillary groups, we'll provide the documents for a small
charge (only $50 a year).
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Download POP application
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View savings examples
Questions? Call Sales
Support at 888-767-7133. |
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> When an
employee signs the pre-tax document, premium contribution
amounts are automatically deducted from their
salary before taxes are calculated, which lowers the income
amount.
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Once the pre-tax income is lowered, your group will
contribute less to Social Security and Medicare payroll
taxes. State taxes may also be lowered if the state
recognizes POP plans. |
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> Download Proposal Software
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products on your PC!

> Appointment
Forms
Applications for carrier appointments and
compensation agreement.

> Find out
more about our Group Benefit Plans
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Health Plans
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>
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