Saturday, November 20, 2010

Please tell me what you know about health insurance premium deductions before and after taxes?

How does one implement employee health insurance contribution deductions prior to federal tax withholding?
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I'm not sure I understand the question correctly but health insurance premiums, as far as I know, are pre-tax. This is how it is done in my place of employment, as well as my friend's and family. For example, your pre tax paycheck is $100, health insurance premium is $10, your taxable income is now $90.
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