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Can a employer take money apart from tax and national insurance out your wages?
Wiki User
∙ 8y ago
Can a employer take money out ur wages apart from tax and national insurance without ure consent
Wiki User
∙ 8y ago
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Can an employee receive money instead of health insurance?
If an employer has the agreement that the employee receives money for a health insurance savings account or some other plan, they can receive money. It is up to the employer whether they want to directly compensate the employee or provide insurance.
Am I owed a buyout for not accepting health insurance benefits from employer?
No, you are not owed any money for skipping the employer's health plan. Some employers do this, but others do not. The employer is not required to pay you the cost of the health insurance, if you do not take it.
Are private disability insurance benefits taxable?
Individual disability insurance benefits are not taxable, because the premiums are paid with after-tax money. The employer paid disability insurance policies have taxable benefits due to the fact that premiums are paid by the employer with pre-tax money.
Is it legal for my employer to make me pay into a health insurance plan even though I don't get health insurance through my employer?
No, it is not legal. Any money that an employer takes from your paycheck for a benefit must be used to purchase the benefit. ERISA, a federal law, prohibits an employer from using employees' money for any other purpose.
Do any of the National insurance carriers specialize in insurance for freightliner trucks?
Most national insurance carriers do not carry this insurance. This is due to the immense amount of money that is needed.
Can an employer take out insurance premiums when insurance is cancelled?
No, an employer cannot take money from your paycheck unless it is for an employee benefit. There may be a lag time between when the insurance is cancelled and the payroll deduction stops, if the premiums were paid in arrears.
What is an employee insurance participating plan?
An employee insurance participating plan is one where the employees of a certain company can put money into their insurance, regardless of how much is paid by the employer.
Who is supposed to take out the correct amount for unemployment insurance?
No one takes unemployment insurance out of a paycheck. That money for the insurance is paid by the employer, not the employee. The correct amount depends on the size of the company.
What money does a company save by making its employee self employed?
In the UK the saving to the company is the saving on employer's national insurance which is currently 12.8% with a 3.7% rebate for contracted out salary related pensions. In addition if the employer provides pension contributions then this will be a saving on an amployee transfering to self employed. This can vary between <1% to >20% depending on how generous the employer is and what type of pension scheme the employer offers
Can employer paid disability plans be considered taxable?
Yes, employer paid disability insurance plans are normally paid with pre-tax money, therefore the benefits will be taxed.
What was the monthly premium for a family of four in 1993 with cigna insurance?
That would depend on the employer. You'd have to go to them to ask, the insurance company doesn't receive the premium and doesn't know how much the employer charges in premiums. Usually, the premium money doesn't even end up with the insurance company at all. Most employers actually pay all the claims out of their own funds. The insurance company does the work of this and does get paid an adminstration fee, but the money that goes to the dr's and hospitals is coming out the employer's bank account.
I have NO money for health insurance but I really need it I'll go horribly broke without it. What can I do?
Try your state's insurance program for lowpaid workers...visit local public clinics...buy into your employer or school's insurance program. It is worth it.
