Section 125 Plan
Belle Fourche School District
 The premium of qualified benefits is deducted
from gross pay before payroll taxes are calculated.
 You may have more take-home pay by
paying lower taxes.
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Section 125 Plan ‒ Premium-only plan
Belle Fourche School District
Choose qualified insurance coverages,
and pay the premiums with pre-tax dollars.
Without premiumonly plan
With premiumonly plan
$500.00
$500.00
$0
‒$50.00
Taxable gross
$500.00
$450.00
FICA, fed. and state taxes
‒$68.98
‒$57.46
Net pay
$431.02
$392.54
Payroll deduction (major medical ins.)
‒$50.00
$0
Take-home pay
$381.02
$392.54
Gross pay
Pre-tax reduction (major medical ins.)
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Based on South Carolina tax tables
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Section 125 Plan ‒ Health care flexible spending account
Belle Fourche School District
Elect a specified amount of money to be subtracted from your
gross earnings before payroll taxes are calculated. Use the
money to help pay for qualified medical expenses.
Qualifying expenses:




Health insurance co-pay and deductible
Eyeglasses
Prescription drugs
Rehab or physical therapy
See printed materials for more information.
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Section 125 Plan ‒ Dependent care flexible spending account
Belle Fourche School District
Elect a specified amount of money to be subtracted from your
gross earnings before payroll taxes are calculated. Use the
money to help pay for qualified dependent care expenses.
Qualifying expenses:
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
Costs for the physical care of dependent children under 13
Costs for the care of a spouse or dependent who is incapable
of self-care and regularly spends at least eight hours per day in
the employee’s home
See printed materials for more information.
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AmeriFlex = Section 125 Plan Administrator
Belle Fourche School District
About Ameriflex
Established in 1998, Ameriflex is an independent administrator
providing technology-based, consumer-driven benefits, compliance,
and workforce management solutions to clients throughout the United
States. With two corporate offices located in Dallas, TX and Cherry Hill,
NJ, Ameriflex serves thousands of clients representing millions of
participants nationwide.
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We’ve always believed that our commitment to industry-leading
services and innovative health care solutions would give our clients a
competitive edge. Ameriflex has been recognized within the industry for
its commitment to superior service and product innovation. Most
notably, Ameriflex has been honored with Benefit Selling magazine’s
“Readers' Choice” award for ten years (2005-2015).
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AmeriFlex – Account Management: Online / Mobile
Belle Fourche School District
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AmeriFlex – Substantiation
Belle Fourche School District
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