A Salary Raise That Doesn't Jeopardize Healthcare Assistance?

Post date: 2020-07-02 03:23:02
Views: 191
Hypothetically, how might an employer give an employee a raise without endangering their health insurance assistance?

This goes out to the US-based MeFi CPAs, tax attorneys, etc.

Let's say a small employer wants to give a salaried employee a well-deserved raise. The employee has health insurance for both themself and their spouse through the Marketplace, and their current combined income qualifies them for a reduced premium. The employee, of course, would love to get a raise, but they are very concerned that any increase in pay might eliminate, or greatly reduce, that assistance with their healthcare premium.

So, hypothetically, how might the employer effectively give the employee a raise in a legal way that wouldn't show up as income? Reloadable debit card? Bag of cash tossed on the front porch in the dead of night? As I understand the laws surrounding the ACA, employers cannot directly pay an employee's healthcare marketplace premiums.

Thanks!
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
Apple's elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices
Oil edges lower after Trump extends ceasefire with Iran
Alaska Air pulls forecast as Iran-linked fuel surge hits margins
Bike horn for warning oblivious pedestrians
I am your manager but I'm not your manager
Google recaptcha V3 here
Movie: Rabbit Trap
Movie: Roommates
UK inflation jumps to 3.3% in March as fuel prices surge amid Iran war
Trump says 'I'll remember' companies that don’t seek tariff refunds