Through American Fidelity Assurance Company, PAA provides installation of Section 125 plans. Under Section 125, the employees' portion of insurance premiums can be purchased with pre-tax dollars, lowering the employees' federal withholding, state, local and FICA taxes. The employer also saves matching FICA taxes. The most important aspects of setting up payroll under Section 125 are proper documentation, regular reviews and updates. American Fidelity is PAA's recommended administrator for Section 125, providing all necessary documents and services at no additional cost to association members.
American Fidelity Web Site
For more information, call 1-800-222-8712, email PAA Insurance, or contact your Regional Manager.
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The Pennsylvania Automotive Association (PAA) is a 501(c)(6) membership organization representing new car and heavy-duty truck dealers in Pennsylvania. The Association is made up of four separate entities: PAA, PAA Services, PAA Insurance Agency, and the PAA Foundation, a 501(c)(3) community foundation that carries on educational and charitable activities benefiting the employees and their families of PAA members, and the new retail automotive and truck industry in Pennsylvania.