Save FICA Taxes

Proven results You Can Bank On

How Can You…

Give your employees an increase in their take-home pay, plus comprehensive, personalized digital preventive care…

While increasing your company’s bottom line…

And let the IRS pay for all of it?

Through the best tax solution you never heard of until now

An IRS, ACA, HIPAA, and ERISA compliant “SIMRP”

A Self-Insured Medical Reimbursement Plan

Save FICA Taxes

Proven results You Can Bank On

  • Our Bolt-on solution offers a proven method to cut costs and boost revenue for both employers and employees.

  • With 360 advantage, we can swiftly enhance the company’s profitability without any upfront or ongoing capital expenses.

  • Employers typically slash their FICA Tax Liability by $625 per enrolled employee annually

  • Employees gain round-the-clock access to personalized, clinically proven digital care support via their phone, computer, or tablet.

  • Employees also enjoy Tax savings, an increase in NET pay of $150 per month on average from participating in the program

  • Fully funded from FICA tax savings averages $625 per employee per year

Save FICA Taxes

Smart Benefits - Smarter Business

Our program is the ideal fit for the employers we serve because it does two main things:

  1. The program functionally improves the health of enrolled employees, while

  2. Driving revenue to the business’s bottom line

The best part is, there are no capital expenses or disruption whatsoever to the business's existing benefits program.

You can now turn payroll tax savings into a meaningful preventive care benefit that can drive employee retention, compliance, and profitability

  • Plan adds an enhanced personalized digital wellness program

  • Employees get a NET increase in monthly take home pay average $1,800 per year

Program Architecture

IRS/ACA Compliant

IRS Section 213(d) Program Examples

Chronic care management

Employee Assistance Programs

Diet and nutrition

Mental Health Programs

Exercise & fitness

Educational Resources

The program uses tax provisions under the IRS code and is comprised of IRS-compliant plan documents written and administered by 360 advantage

  • Section 106 (a) wellness plan tax-free benefit excluded from taxable wages

  • Cafeteria plan document (IRS Code Section 125) for pre-taxing the program premium

  • SIMRP document (IRS Code Section 1.105-11) for reimbursement of the program premium

  • 213(d) plan document (IRS Code Section 213d) to validate program benefits and compliance

  • Qualified health plan recognizes the company's existing plan

  • During an initial consultation, you’ll see a basic demo, and we’ll go into more detail about our program as it pertains to your business.

How It Works

We combine a 213(d) compliant wellness program with a fully IRS, ERISA, and ACA-compliant self-insured medical reimbursement plan (SIMRP)

By handling everything from documentation to enrollment to administration, you decide to work with us, and we take care of the rest.

Here’s how our process works:

  • If your company is a good candidate, we’ll conduct an employee census, collecting basic employee data and payroll information to calculate who is eligible.

  • The final report, including eligibility and payroll savings, takes 30-60 days to process, depending on company size and availability of information.

  • Once ready to enroll, you’ll be connected to an account manager who will onboard your company and handle all enrollments and account administration.

EMPLOYEES

Program premium deducted Pre-Tax (IRS Section 125)

Generates Tax savings (Federal, State, FICA)

Savings Covers:

  • Program Fees

Reimbursement of program premium increases take-home pay (IRS SIMRP)

EMPLOYER

Creates aggregate savings (FICA Match)

Savings covers:

  • Program Fees

Balance increase bottom line

Program Eligibility

Must be W-2, full-time work for a 30-hour period

Must have qualified health insurance (through employer, spouse, parent, the ACA exchange if not receiving a subsidy, Medicare, Tricare, MEC)

Must meet minimum income threshold of $30,000

Program highlights

designed as a continuous, scalable savings model, offering employers sustainable tax benefits while enhancing employee health and financial well-being.

Significant tax savings -$625 per employee per year, lower major medical utilization, $0 out of pocket cost to the company or employees.