Guest Tim Finn Posted February 26, 2003 Share Posted February 26, 2003 Can anyone guide me concerning the use of a veba to provide an apprenticeship program benefits to current employees. I am trying to determine whether we can run the payroll expenses through the veba. These expenses would be paid to the employees while they are in the program. Link to comment Share on other sites More sharing options...
GBurns Posted February 27, 2003 Share Posted February 27, 2003 It is one thing to run benefits through a VEBA but a very different thing (if at all possible) to run payroll expenses through a VEBA. What payroll expenses do you mean? What do payroll expenses have to do with the apprenticeship benefits? Are you paying benefits to the employees or picking up (reimbursing) their expenses? George D. Burns Cost Reduction Strategies Burns and Associates, Inc www.costreductionstrategies.com(under construction) www.employeebenefitsstrategies.com(under construction) Link to comment Share on other sites More sharing options...
Guest Tim Finn Posted February 27, 2003 Share Posted February 27, 2003 As part of this program, the participants will be paid for the time they participate. These are the payroll expenses that I was trying to determine if they could be paid through the VEBA or whether the employer itself had to incur the payroll expense. My thought was since the vacation benefit (payroll) can be paid through the VEBA, why not the apprenticeship benefit (payroll). However, I haven't been able to find any authority to do this, nor have I even read about this as being done. Have you seen this type of program? Do you think it could work? Link to comment Share on other sites More sharing options...
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