Remove 2018 Remove Flexible Spending Account Remove Retirement Plan Remove Taxes
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Does Your W-2 Look Wrong? It Could Be This…

Stratus.HR

To do this, log into the Stratus System , click the green $ sign, go to Taxes (W2 Info), then click the blue Edit button. If you made any pre-tax contributions last year, your YTD earnings will not match Box 1 of your W-2. However, the wages shown in Box 1 of your W-2 is only the amount of earnings subject to federal taxes.

Taxes 64
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Year-end checklist for HR

PeopleStrategy

If certain individuals received raises or promotions, make sure these changes are reflected in their current pay stubs as well as in tax documents and company records. Annual, quarterly or holiday bonuses should also be accounted for. Determine the 2018 holiday schedule. Report benefits enrollment information.

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Help Employees Understand the HSA Value Proposition

Corporate Synergies

Employers that have gone the HDHP route typically offer a qualified plan that includes a health savings account to help pay for qualifying medical expenses tax-free. Using HSAs as an Investment Strategy for Retirement. In addition, employers can contribute tax-free dollars if they choose—all of which is employee money.

401(k) 40
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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. 401(k) and retirement plans. percent.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. All group health plans that provide major medical benefits subject to federal COBRA rules are subject to the ARPA COBRA rules. Tax Credit.