PRE-TAX PREMIUMS
Pre-Tax Premiums (PTP) allow employees to deduct their contributions for employer-sponsored insurance premiums on a pre-tax basis.
Employees contributions are deducted from an employee’s gross wages before FICA and other federal and state payroll taxes are calculated.
Pre-Tax Premium Plans (PTP) are available to all clients of AristaPoint and offered at a no-fee service saving both the employer and employee money.