A Salary Raise That Doesn't Jeopardize Healthcare Assistance?

Post date: 2020-07-02 03:23:02
Views: 185
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:
OPEC+ debates making oil output hike amid Iran war paralysis, sources say
Zohran Mamdani and the business exodus? New York's office real estate market is up under new mayor
The PWHL is growing and post-Olympics boom may take women's hockey to the next level
Sánchez to Trump: Spain won’t ‘applaud those who set the world on fire just because they then show up with a bucket’
Levi Strauss revenue jumps again, with DTC making up more than half of sales for the first time
FedEx trucking spinoff targets 2026 operating margin of 12%
ICE agents shoot man in California after he 'weaponized' vehicle, DHS says
Trump praises Hungary PM Viktor Orbán after Vance calls him at Budapest rally
Oil prices plunge after Iran agrees to safe passage through Strait of Hormuz during ceasefire
Robinhood’s Trump Accounts partnership signals big upside for the stock, analysts say