To BenefitsLink Home Page
To EmployeeBenefitsJobs Home Page
Get the BenefitsLink app for iPhone and iPad LinkedIn
Twitter
Facebook
Search the News


Featured Jobs
Retirement Plan Administrator
Distribution Manager
Employee Benefits Associate
Managing Director - Retirement Services
Benefit Group: Sales Manager
Plan Administration/ Employee Benefits/ Sales Support
Retirement Plan Administrators
Legal & Compliance Specialist
Conversion Manager
Conversion Consultant
Search all jobs
 

 
 
 

Jump to content


Photo

Reporting Section 125 Plan Pre-tax Health Insurance Premiums on W-2's


  • Please log in to reply
2 replies to this topic

#1 PattyC

PattyC

    Registered User

  • Registered
  • 1 posts

Posted 12 January 2006 - 06:25 PM

In 2005, we started having our employees pay for a percentage of their health insurance premium. This is a Section 125 plan, and employees had option to either have it done pre-tax or after-tax. For those that selected pre-tax, iis it necessary to report this some how on their W-2. In the W-2 instructions for Box 12, Code W - is for Employer contributions to a Health Savings Account, which appears to be the closest, but ours isn't a Health Savings Account. Thanks.

#2 Lori Friedman

Lori Friedman

    Registered User

  • Registered
  • 586 posts

Posted 13 January 2006 - 09:34 AM

Please see the following thread: http://benefitslink....99
Lori Friedman

#3 oriecat

oriecat

    Registered User

  • Registered
  • 680 posts

Posted 13 January 2006 - 03:26 PM

There is no W-2 reporting requirements for pre-tax premiums. You can optionally list the amount in Box 14.