BizPower Benefits

I am not an Employee Benefits Broker. I don’t offer Health, Dental, Vision, or Major Medical plans. BizPower Benefits is a bolt-on employee wellness program that creates payroll tax savings.

I would love to connect with your team to schedule a time to explain BizPower Benefits and answer any questions you might have.

Watch This Video for a BizPower Benefits Overview

Any company with W2 employees, whether private, public, non-profit, or educational organizations across the United States, can realize payroll tax savings by adding BizPower Benefits to their existing Employee Benefits Offering.

BizPower Benefits can enhance an employer’s existing employee benefits offerings with a bolt-on wellness program at no cost to the employer or employees and is tied to a 100% compliant employer payroll tax (FICA) savings that can save a business thousands of dollars.

BizPower Benefits is a Self-Insured Medical Reimbursement Plan (SIMRP), which is a provision written into the Affordable Care Act (2014).

The “high cost” of providing employee healthcare benefits has brought the “need” for alternatives to the forefront.

For employers struggling with the rising cost of health insurance and employee benefits, a self-funded healthcare platform may be the answer to increasing employee benefits while containing costs.

Through BizPower Benefits, employers can take advantage of this tax provision, which has NO investment or capital cost to the employer but has an immediate financial impact on the company’s bottom line.

Here’s a Question

What if you could give your employees a robust wellness program with Telehealth / Telemedicine (24/7 Doctors / Nurses) with no copay and, in addition, provide about $150 a month to spend on voluntary benefits like Accident, Critical Illness, and Life Insurance?

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This wellness program can be added to your existing employee benefits at no net cost to the employer and does not reduce the employees’ take-home pay.

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What would you say if you were told that giving your Employees this 100% compliant wellness program would enable your company to reduce payroll taxes, on average, by $550 per employee per year?

For example, a company with 100 W2 employees could save an average of $55,000 per year in payroll taxes, and a company with 300 W2 employees could save an average of $165,000 yearly.

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15-minute no obligation overview

When a business enrolls in our Employee Wellness program, BizPower Benefits, it reduces payroll taxes. It is real money that the business owes to the government, which it can keep rather than pay.

This is truly a WIN / WIN

The Employees get better benefits with no reduction in pay.

The Employer gets Payroll Tax Savings with no cost to implement the benefits.

Our employee benefits program does not affect or change any benefits you currently offer your employees.

Our employee benefits program is a “bolt-on” plan that you add to your existing benefits. It is not available through your current benefits provider, and you do not have to change providers. It is an ADDED benefit. Our goal is not to replace your current insurance or employee benefits.  BizPower Benefits offers fantastic benefits that can accompany and enhance the benefits you already offer your employees.

Your company can take advantage of Payroll Tax Savings tied to our BizPower Benefits program.

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15-minute no obligation overview

BizPower Benefits Tax Savings Examples

This is a tax savings on the Employer side of the Payroll Tax with NO Cost to the business.

50 Employee Example:

Using our current average savings of $550 per employee, a company with 50 employees could realize a payroll tax savings of $27,500 annually.

100 Employee Example:

Using our current average savings of $550 per employee, a company with 100 employees could realize a payroll tax savings of $55,000 annually.

300 Employee Example:

Using our current average savings of $550 per employee, a company with 300 employees could realize a payroll tax savings of $165,000 annually.

Real Estate Company

(500 employees):

• $218,750 – Payroll Taxes Saved
• $787,500 – Employee Benefits Added

Education Institution

(400 employees):

• $175,000 – Payroll Taxes Saved
• $630,000 – Employee Benefits Added

Automotive Dealership

(120 employees):

• $52,500 – Payroll Taxes Saved
• $189,000 – Employee Benefits Added

Pharmaceutical Company

(1,000 employees):

• $437,500 – Payroll Taxes Saved
• $1,575,000 – Employee Benefits Added

Hotel Chain

(600 employees):

• $262,500 – Payroll Taxes Saved
• $945,000 – Employee Benefits Added

Accounting Firm

(40 employees):

• $17,500 – Payroll Taxes Saved
• $63,000 – Employee Benefits Added

Transportation Company

(80 employees):

• $35,000 – Payroll Taxes Saved
• $126,000 – Employee Benefits Added

Insurance Agency

(250 employees):

• $109,375 – Payroll Taxes Saved
• $393,750 – Employee Benefits Added

Marketing Agency

(35 employees):

• $15,312 – Payroll Taxes Saved
• $55,125 in employee benefits.

Food Processing Plant

(500 employees):

• $218,750 – Payroll Taxes Saved
• $787,500 – Employee Benefits Added

Retail Chain

(10,000 employees):

• $4,375,000 – Payroll Taxes Saved
• $15,750,000 – Employee Benefits Added

Financial Services Firm

(600 employees):

• $262,500 – Payroll Taxes Saved
• $945,000 – Employee Benefits Added

Non-Profit Organization

(90 employees):

• $39,375 – Payroll Taxes Saved
• $141,750 – Employee Benefits Added

Are you NEXT?

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15-minute no obligation overview

View the BizPower Benefits Presentation

View the BizPower Benefits Advantages PDF

View the BizPower Benefits Compliance PDF