Employers can use these toolkits to help them set up tax-advantaged accounts and to access information and materials to share with employees to help them better understand — and get the most from — their benefits through the Board of Pensions.
These materials can help employees enroll in benefits as a new hire and each year during Annual Enrollment. They can also help employees understand their benefits options and how they work. Employees can find additional information about benefits offerings through the Board of Pensions in Member Guidance.
Employers may sponsor one or more tax-advantaged plans to offer employees the opportunity to redirect pretax deductions from their paychecks to pay or be reimbursed for eligible healthcare and/or dependent care expenses on a tax-free basis. This results in tax savings for employees and employers, which is why the plans are called tax-advantaged.
This sample session resolution and salary reduction agreement (presented as Word documents) are intended to assist employers that wish to establish and offer these plans. We recommend consulting with your tax adviser when adopting any tax-advantaged plan.