Adam Torkildson

So I don't understand that mindset myself. But... I invested in a company that this is all they do. They're experts at setting up these group health insurance plans in a very specific way that helps lower a very specific type of tax for the small business owner. And it adds money on to the W-2 employee's paycheck. And it gives them some, what I think are pretty amazing benefits.

So I don't understand that mindset myself. But... I invested in a company that this is all they do. They're experts at setting up these group health insurance plans in a very specific way that helps lower a very specific type of tax for the small business owner. And it adds money on to the W-2 employee's paycheck. And it gives them some, what I think are pretty amazing benefits.

And this is all stuff that's set up using a specific IRS rule, just like everything else we've talked about. And this one has to do with section 125 of the IRS code. So it's that specific. And it's sometimes called a cafeteria plan. So the company I invested in, they will go in and There's some minimums. The company has to have at least 10 full-time W-2 employees.

And this is all stuff that's set up using a specific IRS rule, just like everything else we've talked about. And this one has to do with section 125 of the IRS code. So it's that specific. And it's sometimes called a cafeteria plan. So the company I invested in, they will go in and There's some minimums. The company has to have at least 10 full-time W-2 employees.

And this is all stuff that's set up using a specific IRS rule, just like everything else we've talked about. And this one has to do with section 125 of the IRS code. So it's that specific. And it's sometimes called a cafeteria plan. So the company I invested in, they will go in and There's some minimums. The company has to have at least 10 full-time W-2 employees.

And they can't have more than... I think it's 1,000. I could be off on that. But anyway, there's a range that this plan works for. And again, the companies have to be based in the United States. And the W-2 employees have to be based in the United States. And what happens is... It's fairly simple on paper.

And they can't have more than... I think it's 1,000. I could be off on that. But anyway, there's a range that this plan works for. And again, the companies have to be based in the United States. And the W-2 employees have to be based in the United States. And what happens is... It's fairly simple on paper.

And they can't have more than... I think it's 1,000. I could be off on that. But anyway, there's a range that this plan works for. And again, the companies have to be based in the United States. And the W-2 employees have to be based in the United States. And what happens is... It's fairly simple on paper.

Instead of taking the insurance premiums out of an employee's paycheck post-tax, get out pre-tax. And the end result is the employee's taxable income gets reduced by doing that because they're taking out money from their paycheck pre-tax, which makes their total income look smaller.

Instead of taking the insurance premiums out of an employee's paycheck post-tax, get out pre-tax. And the end result is the employee's taxable income gets reduced by doing that because they're taking out money from their paycheck pre-tax, which makes their total income look smaller.

Instead of taking the insurance premiums out of an employee's paycheck post-tax, get out pre-tax. And the end result is the employee's taxable income gets reduced by doing that because they're taking out money from their paycheck pre-tax, which makes their total income look smaller.

to the irs but we're actually able to put more money onto their w-2 paycheck because of that and it reduces fika taxes for the small business owner per employee per year of about 500 per employee per year so the more employees you have the more you're paying in those fika taxes And so this really starts to add up a hundred employees.

to the irs but we're actually able to put more money onto their w-2 paycheck because of that and it reduces fika taxes for the small business owner per employee per year of about 500 per employee per year so the more employees you have the more you're paying in those fika taxes And so this really starts to add up a hundred employees.

to the irs but we're actually able to put more money onto their w-2 paycheck because of that and it reduces fika taxes for the small business owner per employee per year of about 500 per employee per year so the more employees you have the more you're paying in those fika taxes And so this really starts to add up a hundred employees.

That's 50 grand in FICA taxes right there that you're just wiping off your books with a switch that you set up one time and your, whatever your insurance plan was at the time, it's not going to get any different. It's not going to get any worse. And it's actually probably going to get a little bit better because there's a lot of insurance providers and this isn't,

That's 50 grand in FICA taxes right there that you're just wiping off your books with a switch that you set up one time and your, whatever your insurance plan was at the time, it's not going to get any different. It's not going to get any worse. And it's actually probably going to get a little bit better because there's a lot of insurance providers and this isn't,

That's 50 grand in FICA taxes right there that you're just wiping off your books with a switch that you set up one time and your, whatever your insurance plan was at the time, it's not going to get any different. It's not going to get any worse. And it's actually probably going to get a little bit better because there's a lot of insurance providers and this isn't,

going to replace an insurance plan. It will either add to, or if you didn't have one in the first place, it becomes your insurance plan. So what questions pop into your head about this?

going to replace an insurance plan. It will either add to, or if you didn't have one in the first place, it becomes your insurance plan. So what questions pop into your head about this?

going to replace an insurance plan. It will either add to, or if you didn't have one in the first place, it becomes your insurance plan. So what questions pop into your head about this?