Preliminary ProForma Estimate
Complete the form below to receive an instant Preliminary ProForma showing your projected FICA recovery. Takes about 60 seconds.
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Thank You for Your Interest
Based on your inputs, a WIMPER program may not be the most efficient tax strategy for your current structure. The Section 125 + 105 framework works best for employers with 10+ benefit-eligible employees who already offer a group health plan.
For smaller teams, we recommend exploring a QSEHRA (Qualified Small Employer Health Reimbursement Arrangement), which offers similar tax advantages for businesses with fewer than 50 employees.
Learn more about the WIMPER Program →Start Over →
PROFORMA
 | Ref ID: WI- Date: Status: PRELIMINARY ESTIMATE *Verified ProForma requires payroll data |
Section 125 FICA Recovery Analysis
Prepared For:
Attention:
Basis: Eligible W-2 Employees
Assumption: 80% Projected Enrollment Rate ( Enrolled Lives)
Attention:
Basis: Eligible W-2 Employees
Assumption: 80% Projected Enrollment Rate ( Enrolled Lives)
| 1. Payroll Tax Liability Analysis | Baseline | With Section 125 |
|---|---|---|
| Gross Annual Payroll (Est.) | ||
| Pre-Tax Benefit Deductions (Section 125) | $0 | |
| Adjusted FICA Wage Base |
| 2. Employer FICA Recovery | Rate | Recovered Capital |
|---|---|---|
| Social Security Tax Reduction | 6.20% | |
| Medicare Tax Reduction | 1.45% | |
| TOTAL ANNUAL FICA SAVINGS | 7.65% |
| Net Annual Cash Flow Increase: | |
| *Preliminary estimate based on provided data |
SAVINGS ASSUMPTION: This PRELIMINARY ESTIMATE assumes an average Section 125 pre-tax election of approximately $1,220 per month ($14,640 per year) per enrolled employee, which drives the approximately $1,120 in annual employer FICA savings per enrolled employee. Actual savings vary by salary, election amount, and participation rate. The Verified ProForma will reflect actual payroll data.
CITATION: The 7.65% FICA reduction on qualifying Section 125 salary reductions rests on IRC Section 3121(a)(5)(G) (https://www.law.cornell.edu/uscode/text/26/3121) and IRS Publication 15 (https://www.irs.gov/forms-pubs/about-publication-15).
DISCLAIMER & CONFIDENTIALITY:
This document contains proprietary financial estimations based on provided preliminary data. It is intended solely for the use of the individual or entity to whom it is addressed. This analysis assumes specific participation rates in a compliant Section 125 plan. Actual savings may vary based on final census data and employee election. WIMPER Institute does not provide legal or tax advice; this document should be reviewed by your tax counsel.
CITATION: The 7.65% FICA reduction on qualifying Section 125 salary reductions rests on IRC Section 3121(a)(5)(G) (https://www.law.cornell.edu/uscode/text/26/3121) and IRS Publication 15 (https://www.irs.gov/forms-pubs/about-publication-15).
DISCLAIMER & CONFIDENTIALITY:
This document contains proprietary financial estimations based on provided preliminary data. It is intended solely for the use of the individual or entity to whom it is addressed. This analysis assumes specific participation rates in a compliant Section 125 plan. Actual savings may vary based on final census data and employee election. WIMPER Institute does not provide legal or tax advice; this document should be reviewed by your tax counsel.