Intuit Simplifies Employee Benefits, Workers' Comp

Mountain View, Calif. (Nov. 14, 2003) -- Software vendor Intuit announced a series of small business services to administer employee benefits packages and remain in compliance with federal and state employment regulations.

Intuit now provides its UniPlan401(k) service and Section 125 Plans, together with its Pay Along the Way Workers' Compensation Service, offered in connection with workers' compensation insurance sold by insurance giant The Hartford.

Intuit's UniPlan 401(k) is integrated with its proprietary Complete Payroll services. Record keeping and administrative services include free fund re-allocation for participants, quarterly statements for employers and participants with year-end summaries, and contribution deferrals processed and transmitted electronically each pay period.

Intuit's Section 125 Plans enable employers to offer health insurance on a pre-tax basis. Offerings include premium only plans and flexible spending accounts.

-- WebCPA staff

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