Gusto helps with IRS pre-tax benefit requirements that are also embedded in the ACA, ERISA, and DOL regulations.
Gusto sets up Section 125 or “cafeteria plans” and establish pre-tax benefits, including memorialization under plan documents.
The Section 125 document is available to employers in the Benefits section of the company’s Documents page, as part of the Health and Welfare Plan Document.
If your benefits are managed externally, your benefits provider can assist with any required documentation necessary.
If your company has 50 or more FTE in the previous calendar year, Gusto completes ACA compliant filings for 1094-C and 1095-C forms—these forms confirm compliance with the employer mandate and are often referred to as the “W-2” for health benefits. Your insurance carrier will mail 1095-B forms directly to your employees.
If you need to contact the IRS for any reason, use the information below.