Lion EA Posted March 24, 2021 Report Posted March 24, 2021 S-corporation has had part-time employees who either didn't qualify for health plan or waived it due to spousal coverage being better. S-corp paid premiums for shareholder-employee/family. New employee wants health plan and qualifies for 50% company coverage. Is that pre- or post-tax. What do I need to know? Payroll is via Paychex, not me. And, existing health plan is via United Healthcare/Oxford Plans. Why does he ask me HR-type questions? Help! Quote
Lion EA Posted March 24, 2021 Author Report Posted March 24, 2021 Also, where can I learn about employee healthcare plans, but not more than I need to know?! I just want to be able to answer Paychex's question about is her amount w/h for healthcare pre- or post-tax. Quote
Lee B Posted March 24, 2021 Report Posted March 24, 2021 Based on your post, I tentatively assume the employer is paying 50% and the employee is having 50% withheld from their paycheck, in which case, the employee share is being paid pre tax. Quote
Lion EA Posted March 24, 2021 Author Report Posted March 24, 2021 Yes, employer will cover 50% and withhold 50% from employee starting in April. Thanks cbslee. Anything else I need to know and any leads for me to research? I don't do payroll, so this is a weak subject for me. Will his gross pay will be a deduction for company as wages and then the company paid part as employee benefits? Quote
Lee B Posted March 25, 2021 Report Posted March 25, 2021 1 hour ago, Lion EA said: Yes, employer will cover 50% and withhold 50% from employee starting in April. Thanks cbslee. Anything else I need to know and any leads for me to research? I don't do payroll, so this is a weak subject for me. Will his gross pay will be a deduction for company as wages and then the company paid part as employee benefits? yes Quote
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