Because you pay less in taxes, your actual income may be greater.
Many employees can save a substantial amount.
It's important to understand how pre-tax plans work so that you can take full advantage of the benefits available to you. Be sure you fully understand how this risk works before you enroll in a pre-tax account. Ask your DDIR for a pre-tax benefits information packet. This information provides more details on how the pre-tax benefits work. The pre-tax premium payment saves you money because your contributions for health and dental insurance are subtracted from your salary before federal, state and Social Security taxes are deducted.