A Salary Raise That Doesn't Jeopardize Healthcare Assistance?

Post date: 2020-07-02 03:23:02
Views: 169
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:
The Trump administration equity portfolio is growing. These are the investments so far
Couple bought a 140-year-old New Jersey home for $550,000 and spent $172,000 renovating it—take a look inside
Super Bowl 60: Movie trailers and AI dominate ads; Bad Bunny halftime ahead
Epstein files: UK PM Starmer's top aide McSweeney quits over Mandelson scandal
Elon Musk wants to be a trillionaire — here's how SpaceX may get him there
Washington Post publisher Will Lewis announces departure, following mass layoffs
NFL plans to have discussions with partners outside of core media for live games, media chief says
Tech giants in China sold off alongside their U.S. peers last week. How to play it
Federal judge orders Fulton County Georgia election case documents unsealed by Tuesday
Japan's Nikkei 225 skyrockets over 5% to hit record highs as Takaichi secures historic mandate