STS-105 Plan

An I.R.C Section 105 Medical Benefits Plan for the Self-Employed


Eligible Out-Of-Pocket Expenses:
Doctors, Dentists, Chiropractors, Prescription Drugs, Prescribed Supplies and Medical Equipment, Mental Health Expenses, Lab Fees, Any Deductibles

Examples of What You Could Save Each Year:

Combined Federal,
State, Social Security
& Medicare Rates
Average Monthly Medical Expense: $100 $200 $300 $400 $500
(So. Dakota min) 30.3% $364 $727 $1,091 $1,454 $1,818
(No. Dakota min) 32.4% $389 $778 $1,166 $1,555 $1,944
(Minnesota min) 36.3% $436 $871 $1,307 $1,742 $2,178
49.3% $592 $1,183 $1,775 $2,366 $2,958
51.3% $616 $1,231 $1,847 $2,462 $3,078

Example: If your monthly expense is $300.00 and your tax rate is 36.3%, then you could save $1,307 on your taxes with the STS-105 PLANSM.

These figures represent approximate tax savings you could receive.
Consult your tax accountant for the exact savings in your individual case.

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