Employees often look to employers to provide an increased level of benefits for themselves and their families. Adding a voluntary payroll deduction plan is a great way to enhance the benefits package without increasing the cost to the employer. Employees choose from an available list of benefits and the premiums are deducted from their paychecks, often on a pre-tax basis. Some of the most popular payroll deduction benefit plans are:
- Term and permanent life
- Short-term disability
- Cancer
- Long-term care
- Dental
- Vision
- Pre-paid legal services
- Critical Illness
- Accidental Death and Dismemberment