Guest sconleyg Posted June 7, 2011 Report Share Posted June 7, 2011 Question of a small employer in TN: We pay SSI and Medicare tax on regular income. If we offer an optional 401a with up to a 3% match, do we have to pay empoyee SSI and/or medicare tax on the 3% match? Link to comment Share on other sites More sharing options...
GBurns Posted June 7, 2011 Report Share Posted June 7, 2011 No. But are you referring to the employee contributions or the employer contributions, not that it makes any difference. Why do you ask? The explanation regarding the difference between pre-tax contributions (mandatory or pick-up) and voluntary after tax employee contributions are usually given at enrollment time and covered in the SPD, so I suspect that you have some issue that causes you concern. 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 sconleyg Posted June 7, 2011 Report Share Posted June 7, 2011 I'm referring to the employer contributions, the match, given on voluntary pre-tax contributions Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now