A Salary Raise That Doesn't Jeopardize Healthcare Assistance?

Post date: 2020-07-02 03:23:02
Views: 217
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:
How to take control of the AI data center boom and built it into your own home in the future
Should I get an adult tricycle?
Answered: Looks like QA is not supported anymore?
Passengers begin evacuating from cruise ship hit by hantavirus
Alphabet's 160% rally in a year reflects value of owning 'most of the stack' in AI
SEC delay on prediction markets ETFs echoes a long-fought bitcoin fund battle
Bank of America says stocks like Apple have plenty of upside following earnings
Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war
Frontier jet hits and kills pedestrian on runway in Denver during takeoff
MV Hondius hantavirus outbreak: A luxury expedition cruise boom and new world of remote travel risks