[Verse 1]
When your boss pays for your health insurance plan
Section one-oh-six says no tax in your hand
The premium's excluded from your W-two
ACA mandate means they've got to cover you
If fifty employees work full-time or more
Employer must provide or pay fines at the door
[Chorus]
Health and welfare benefits, three ways to save
One-oh-six exclusion, HSA triple wave
Cafeteria plans let you choose what you need
Tax-free benefits, helping you succeed
Fifty thousand life insurance comes free
Health and welfare benefits, tax strategy
[Verse 2]
Health Savings Account with a triple tax win
Deduction going in, growth tax-free within
Withdrawals for medical come out clean too
High-deductible plan required just for you
Annual limits change but the power stays strong
Building health wealth as you go along
[Chorus]
Health and welfare benefits, three ways to save
One-oh-six exclusion, HSA triple wave
Cafeteria plans let you choose what you need
Tax-free benefits, helping you succeed
Fifty thousand life insurance comes free
Health and welfare benefits, tax strategy
[Verse 3]
Flexible Spending Account, use it or lose it
Twenty-five hundred rollover, don't abuse it
Dependent care account for childcare costs
Pre-tax dollars mean your taxes are crossed
Section seventy-nine gives life insurance break
Fifty thousand excluded for goodness sake
[Bridge]
One-twenty-five cafeteria plans
Let employees pick with their own hands
Pre-tax choices from the menu displayed
Health, dental, vision, all tax-free paid
Discrimination rules keep it fair
Benefits for all who are working there
[Chorus]
Health and welfare benefits, three ways to save
One-oh-six exclusion, HSA triple wave
Cafeteria plans let you choose what you need
Tax-free benefits, helping you succeed
Fifty thousand life insurance comes free
Health and welfare benefits, tax strategy
[Outro]
From health plans to HSAs
Flexible accounts that always pay
Group life insurance in the mix
Tax-free benefits, learn these tricks