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Learn more about how BENCOR’s specialized retirement plans have saved hundreds of millions in tax dollars for employees and employers across the country through our library of resources and valuable links.


Special Pay Plan

Special Pay Plans provide full-time employees with a retirement plan into which accumulated sick, vacation and other leave or incentive pay is contributed. Contributions to these plans permanently avoid Social Security and Medicare taxes for both employees and employers, which equates to an immediate and permanent payroll tax savings of 7.65%.

FICA Alternative Plan

The FICA Alternative Plan provides an individual investment plan for part-time, temporary and seasonal employees. Through this plan, BENCOR helps employers avoid Social Security taxes that would ordinarily take a sizable bite out of their budget.