Question 1

Which insurance premiums may be paid pre-tax?

admin · Accepted Answer

Group health insurance
Dental and vision insurance
Disability – If contributions are made pre-tax, the benefit paid is taxable.
Group term life (max $50,000)
Voluntary benefits – (i.e. cancer policies) If contributions are made pre-tax, the benefit paid is taxable. In addition, many employers only permit post-tax payment for these premiums post-tax due to the “qualifying event” restrictions of a 125 plan. See the last question on this page.

Please note, individual insurance premiums may not be paid on a pre-tax basis through this plan.

Question 2

Which insurance premiums may be paid pre-tax?

admin · Accepted Answer

Group health insurance
Dental and vision insurance
Disability – If contributions are made pre-tax, the benefit paid is taxable.
Group term life (max $50,000)
Voluntary benefits – (i.e. cancer policies) If contributions are made pre-tax, the benefit paid is taxable. In addition, many employers only permit post-tax payment for these premiums post-tax due to the “qualifying event” restrictions of a 125 plan. See the last question on this page.

Please note, individual insurance premiums may not be paid on a pre-tax basis through this plan.