I just got added to my partners insurance plan through her job. Her taxes then proceeded to go up by about $60 a pay, and when making $13 an hour, that can be a lot. She works exactly 80 hours a pay cycle, so the taxes should be very similar, and then she got a letter saying that taxes will be withheld from your pay based on the flex credits received. Any ideas on what that would mean?
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Couple points: + Employers today often have a lower contribution for single coverage than for dependents. Thus, when you enrolled her contribution, each pay day, for her share of the monthly premium may be more than double what she was paying. It would be listed as a contribution. + Some firms give employees a certain amount of credits to use toward all the benefits they offer e.g. medical, dental, 401(k), etc. This is often called a flexible benefit plan - thus the term flex credits. Firms usually give more credits to a person who enrolls a spouse, domestic partner, new child, etc.
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