Section 125 Cafeteria Plans are benefit plans that allow employers to offer their workers benefits with employee pre-tax dollars. While these plans may be an important part of attracting the right talent to your organization, these common benefit plans are challenging to administer and design. There are many options possible for benefit plans, and since every employee is different, the plans must be flexible in design and administration.
In addition, section 125 plans must always be fully compliant with federal regulations and taxing guidelines, which change frequently. Ongoing section 125 training is necessary for HR professionals, legal professionals, managers and other professionals to ensure these benefits programs are designed and managed correctly.
How do you learn best? If you’re seeking quality section125 training, you need training in a format that works best for you. Everyone learns differently, which is why Lorman Education Services offers training in a variety of formats, including:
- Live training
- OnDemand training
- Audio books
- Case studies
- White papers
- In-House training
You get to study on your own time and at your own pace, delving into those areas of section 125 that are most relevant for you. You can study using the materials designed to help you study best. With often-updated training developed by some of the best professionals in the industry, Lorman Education Services helps you hone your skills and knowledge. Check out a membership plan today to get instant access.
Do You Need Section 125 Training?Since section 125 plans have many reimbursement and design options, and since handling reimbursement requests from employees under these plans can itself be an additional challenge, ongoing training is needed for HR professionals and other professionals who work with employees and benefits plans. Ongoing training can help you learn:
- How to identify employees eligible for your plan
- How to develop a compliant section 125 plan
- Which benefits and expenses are eligible for your plan
- Your options for plan design
- How to maximize participation
- How to handle and process reimbursement requests, status change requests, and other questions and requests from plan participants
- How to handle unusual situations
- Current federal and taxation rules affecting your plan
- How to perform mandatory Discrimination Testing
- How to meet reporting requirements
- How to stay compliant with documentation rules and procedures
- How the current health guidelines and regulations affect your plan
Whether you want to get section 125 training for PHR or SPHR re-certification credits or whether you are starting a section 125 plan or continuing your existing plan, getting strong training can help you support your employees and organization.
Lorman Education Services for Your Section 125 Training Online
After 30 years offering training to over 1.4 million professionals, Lorman Education Services has become a leader in online training. Lorman Education Services understands continuing education doesn’t always happen during business hours, especially for busy professionals. It’s why we offer training online and in formats that allow you to study at your own time and at your own pace.
Whether you want to brush up on section 125 concepts before a meeting or want a comprehensive overview of section 125 recent changes from your home office, Lorman Education Services lets you access training materials from any mobile device or computer. With an All-Access Pass, you get to access any training materials for one full year. Your training materials are available at any time and in any place. It’s like having a professional trainer in your pocket at all times. Sign up for a membership with Lorman Education Services to start learning today.