Remove Deductions Remove Health Insurance Remove Medical Remove Take Home Pay
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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis. Cafeteria plans are particularly good for participants who have regular expenses related to medical issues and childcare. Flexible spending account. Flexible spending accounts.

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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Switch to a high-deductible health plan. Since we had contributed pre-tax to our HSA before birth our take home pay was lower. The cost of having a baby is no small fee.

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What is a cafeteria plan? (Hint: It’s not related to lunch)

Benefit Resource Inc.

This type of cafeteria plan gives employees the option to enroll in an account that allows them to set aside money from their paycheck tax-free and use it for qualified medical expenses. Types of expenses the FSA can pay for include co-pays, deductibles, and even some vision and dental expenses. Dependent Care Account.

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What is a cafeteria plan? (Hint: It’s not related to lunch)

Benefit Resource Inc.

This type of cafeteria plan gives employees the option to enroll in an account that allows them to set aside money from their paycheck tax-free and use it for qualified medical expenses. Types of expenses the FSA can pay for include co-pays, deductibles, and even some vision and dental expenses. Dependent Care Account.

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How to Choose a Health Care Plan

Insperity

Here’s some information that may help you identify your company’s and employees’ medical insurance wants and needs. Health Care Costs. Boyle advises that before you start shopping, you need to determine how much money you’re willing and able to spend on your health care plan. Establish a budget. PPOs vs HMOs.

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Your Guide to Take-home Pay

Patriot Software

After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it. What is take home pay? Take-home pay may also be called net pay.

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

tax free benefits are those that provide financial advantages for both employees and employers by avoiding certain taxes and deductions. Non taxable employee benefits refer to various perks and incentives provided by employers that are exempt from certain taxes and deductions. Let's explore some of the most common ones: 1.