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There are real tax savings for the employer and the employee
How do both the Employer and Employee benefit?
employer will save 7.5% for FICA
on each employee pre-tax deduction.
The more the employees spend on benefits that are pre-tax, the
more the company will save on FICA
Tax at the end of the year.
Employee will save on taxes
from most benefits that are deducted on a pre-tax basis from their paycheck.
Tax bracket of the total cost of most benefits for a middle class employee.
Did you know?
Why using TSI for all your insurance needs?
The advantage of having good benefits
What is a real cost of replacing a good employee?