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The importance of disability insurance

Higginbotham

It’s a real risk, and it’s why anyone who depends on a paycheck needs to understand the importance of disability insurance. Why is disability coverage important? If you had a one-in-four chance of losing your house to a flood , you’d probably want to protect it with flood insurance. Savings can deplete fast.

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Do small businesses have to provide health insurance?

Higginbotham

One question in particular comes up a lot: Do small businesses have to provide health insurance? For very small businesses, health insurance is often optional. Back to the main question at hand: Do these small businesses have to provide health insurance to their employees? The answer is it depends.

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How to Read a W-2 Form: Box-by-box Breakdown

Patriot Software

Payments not subject to federal income tax include pre-tax retirement plan contributions, health insurance premiums, and commuter benefits. For 2019, the SS wage base is $132,900. This is the amount you paid the employee during the year that is subject to federal income tax. This is not a mistake. Box 14: Other.