• Additional Benefits offered:

    Preferred Group logo

    Flexible Spending Accounts (FSAs)

    Flexible Spending Accounts (FSAs) also referred as “Cafeteria” or “Section 125 Plans”, were designed by the IRS to provide a tax relief to employees on every day unreimbursed medical and dependent day care expenses.  FSAs allow employees to contribute pre-tax dollars to these accounts; these contributions are not subject to FICA, federal or state payroll taxes.  This plan allows an employee to save as much as 30 to 40% on directed funds and allows an employer to save 7.65% FICA tax on all the contributions made to the plan. 

    Plan Information:

    Forms:

    *Reimbursement Vouchers should be sent directly to The Preferred Group.


    OMNI logo

    OMNI 403(b)

    A 403(b) plan is a tax sheltered retirement savings plan. Eligible employees can contribute pre-tax dollars to their plan, which are invested in either an annuity contract or custodial account (mutual fund). Contributions will be allowed to grow tax free until the funds in question are withdrawn (usually at retirement, although it may be possible to access your funds prior to retirement in certain circumstances). The OMNI Group strongly recommends that you seek the input of a financial professional to select the proper investments to meet your retirement planning goals.

    Visit www.omni403b.com for plan details and to easy online enrollment.

    Plan Information:

    Forms:


    Aflac logo  

    Aflac provides Supplemental Insurance policies that offer a full suite of products for individuals, families, and businesses.  Our policies help with everything from routine preventative care to critical illnesses.

    Plan Information:

    For more information, reach out to Dominick Siracusa via email dominick@domssc.com or call 845-381-1184.