Unlock Available Funds for New Benefits – A Game-Changer for Businesses and Employees Alike!
Have you ever wondered how to pay for your company's benefits programs without breaking the bank?
What if you could fund new benefits, boost your bottom line, and even give your employees a pay raise—all at the same time? Sounds too good to be true, doesn’t it? But it’s not. With Abbott Family Agency, you can unlock opportunities that make this vision a reality.
What If You Could Achieve Both?
Most business owners assume that offering better benefits equals higher costs. But what if there was a way to lower taxable income for both your business and your employees, all while providing access to critical benefits like cancer, heart attack, and accident insurance?
Wouldn’t that make your business more competitive, your employees happier, and your bottom line healthier?
Here’s How the SIMRP Program Works
SIMRP (Self-Insured Medical Reimbursement Program) is a win-win solution for businesses and employees alike. Let’s break it down step by step:
1. Offer High-Value Preventive Care Services
For a small investment—just $40 per employee per month—your team gains access to high-value services designed to improve their overall well-being, such as:
Complimentary telemedicine visits
Resources from the Mayo Clinic
Legal, financial, and personal support services
Comprehensive wellness programs
Can you see how these resources could make employees feel supported and valued?
2. Increase Employees’ Take-Home Pay
Through tax-exempt wages, employees can enjoy up to $1,100 more in take-home pay each month. This isn’t an added expense for them—it’s a financial boost that feels like a raise without requiring additional payroll dollars.
3. Save Big on Employer Taxes
Now here’s the kicker: For every $40 you invest per employee, you save approximately $90 in gross taxes per month. Over the course of a year, that’s about $600 in net savings per employee!
What could your business do with that kind of savings?
4. Reimburse Employees for Personalized Benefits
After taxes, employees are reimbursed the full cost of the Preventive Care Management Program (PCMP). They can then use their tax savings to choose the benefits that matter most to them, making your business an employer of choice.
The Real Impact on Your Business
If you’re curious but unsure about taking the first step, we understand. Many business owners feel overwhelmed by the idea of implementing a new program. That’s where we come in.
At Abbott Family Agency, we specialize in simplifying the process. Our experienced advisors guide you every step of the way, ensuring you have the tools and knowledge needed to succeed.
What’s Holding You Back?
If you could save thousands of dollars while offering better benefits to your employees, what would stop you from exploring this opportunity?
Take the first step today. Contact Abbott Family Agency to learn how SIMRP can revolutionize your business and make you an employer of choice.
Are You Ready to Transform Your Business?
If you could save thousands of dollars while offering better benefits to your employees, what would stop you from exploring this opportunity?
Take the first step today. Contact Abbott Family Agency to learn how SIMRP can revolutionize your business and make you an employer of choice.
Ready for a deeper dive? Watch our video to see how SIMRP works and why it’s the smart choice for forward-thinking businesses like yours.
Abbott Family Agency: Your partner in employee benefits and tax savings.
