CEOs are under more pressure than ever to drive maximum profitability while also keeping their employees happy. One frequently ignored strategy for safeguarding the bottom line is payroll tax reduction. Knowing how to reduce payroll taxes isn’t merely about cost savings—it’s about wiser, contemporary leadership that makes both the business and the employees prosper. Suppose you’re looking for the most efficient method of tax savings while being able to support your staff in a better manner. In that case, the Lumara Plan presents an answer that is completely compliant, free, and made especially for today’s visionary employers.

The Cost of Ignoring Payroll Taxes

Most companies unconsciously throw away thousands of dollars annually in payroll taxes. On every W2 employee, employers shell out another 7.65% in payroll taxes beyond wages, paying Social Security and Medicare contributions. Do that for 100, 500, or 1,000 employees and the loss is astronomical.

However, most CEOs are unaware that compliant strategies exist to lower payroll taxes without altering existing health plans or employee take-home pay. That lack of awareness generates unnecessary tax waste—funds that otherwise could be reinvested in growth, innovation, or employee wellness programs.

Step in the Lumara Plan: Contemporary Payroll Tax Reduction

The Lumara Plan was founded on a single yet profound concept: staff deserve better assistance, and employers deserve improved margins. It’s a complete administration, behind-the-scenes solution utilizing Section 125 in conjunction with a complete administration Preventative Care Management Plan (PCMP) and Self Insured Medical Reimbursement Plan (SIMRP). Unlike customary Section 125 arrangements, the Lumara Plan provides greater compliance and saves more deeply, producing one of the most benefit-rich, tax-favored programs existing today.

Key Benefits of the Lumara Plan:

• Saves ~$600/year per W2 employee ($60,000 savings per 100 employees!)

 

• No out-of-pocket expense to the company

 

• Quick, automated setup in 30–45 days

 

• Bottom-line boost with no disruption

 

• 3–4% net paycheck boost for employees (~$100/month)

 

By embracing Lumara’s model, CEOs aren’t only cutting costs—they’re building a better, more resilient workforce.

 

How Payroll Tax Reduction Boosts Your Business

Here’s why every CEO should be interested in strategies for reducing payroll taxes:

1. Immediate Financial Impact

Every dollar saved in payroll taxes directly boosts your net margins. In industries with tight margins, this difference can fuel everything from expansion projects to improved employee programs.

Choosing the best way to save on taxes means aligning your tax strategy with your growth goals—and the Lumara Plan is built precisely for that.

2. Better Employee Benefits Without New Costs

Employees enrolled in the Lumara Plan enjoy:

 

• $0 copay Telehealth, wellness, and mental health assistance

 

• Mayo Clinic wellness dashboards and tools access

 

• Increased protection with Universal Life, Disability, and Critical Illness protection

 

• Spouse and dependents coverage upgrades

And the cherry on top? All of these perks without cutting employee take-home pay—building a strong employee value proposition with no additional employer expense.

3. Talent Retention and Attraction

Today, in the employee marketplace, exceptional benefits are a differentiator. Providing a solution such as Lumara’s—that offers better well-being support and greater take-home pay—enhances satisfaction and minimizes turnover at a costly rate. Cheerful workers remain longer, work more conscientiously, and become brand evangelists.

4. Compliance and Risk Management

Attempting to DIY your payroll tax plan can expose your business to compliance risks. The Lumara Plan is completely managed, completely compliant, and designed to satisfy all federal regulations, including using Section 125 legally and efficiently. You don’t have to become a tax guru to reduce payroll taxes safely—Lumara takes care of everything quietly behind the scenes.

Why the Lumara Plan is the Best Way to Save on Taxes

Selecting Lumara is selecting peace of mind. Our team is hands-off for busy executives, implementing the whole program with little employer effort.

Here’s why Lumara is different:

 

• Fully managed solution — no administrative hassle for you

 

• Custom implementation — built around your existing configuration

 

• No disruption — no change to health plans, no modifications to existing vendors

 

• Real savings — both up front and compounding over time

 

• Modern leadership — align tax strategy with employee care in one smart move

 

In short, it’s the best way to save on taxes without disrupting your business operations or overwhelming your HR teams.

Real Results: Quiet Impact, Big Difference

Over 40,000+ workers are already part of the Lumara Plan and taking advantage of smarter tax tactics and improved wellness care. CEOs who adopt these tactics are achieving genuine retention, engagement, and profitability gains—without any trade-offs.

This is contemporary employer thinking: investing in employees and defending margins at the same time.

Take the Next Step

There’s no need to leave tax savings—and employee satisfaction—on the table. Schedule your 10-minute consultation today and find out how much your business can save. Receive a complimentary proposal specifically designed for your business.

Discuss with an expert and learn why Lumara is the smarter way forward.